Question about HP 10bII Calculator
Apocalyptica Corporation is expected to pay the following dividends over the next four years: $5.90, $16.90, $21.90, and $3.70. Afterwards, the company pledges to maintain a constant 6.00 percent growth rate in dividends, forever. Required: If the required return on the stock is 10 percent, what is the current share price?
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Posted on Jan 02, 2017
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