Apocalyptica corp pays a constant 11 dividend on its stock, Financial Management

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Apocalyptica corp pays a constant 11 dividend on its stock

Apocalyptica Corp. pays a constant $11 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease paying dividends forever. Required: If the required return on this stock is 13 percent, what is the current share price?

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Financial Management: Apocalyptica corp pays a constant 11 dividend on its stock

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Financial Management: Apocalyptica corp pays a constant 11 dividend on its stock

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