Apocalyptica corp pays a constant 830 dividend on its stock


Apocalyptica Corp. pays a constant $8.30 dividend on its stock. The company will maintain this dividend for the next 14 years and will then cease paying dividends forever. If the required return on this stock is 12 percent, what is the current share price?

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Finance Basics: Apocalyptica corp pays a constant 830 dividend on its stock
Reference No:- TGS0608707

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