Estes park corp pays a constant 920 dividend on its stock, Financial Management

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Estes park corp pays a constant 920 dividend on its stock

Estes Park Corp. pays a constant $9.20 dividend on its stock. The company will maintain this dividend for the next 8 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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Financial Management: Estes park corp pays a constant 920 dividend on its stock

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