constant $9.06 dividend on its stock. The company will maintain this dividend for the next 17 years and will then cease paying dividends forever. If the required return on this stock is 8.55 percent, what is the current share price?
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Estes Park Corp. pays a constant $9.06 dividend on its stock. The company will maintain this dividend for the next 17 years and will then cease paying dividends forever. If the required return on this stock is 8.55 percent, what is the current share price?
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- Halley Corporation pays a constant $13.50 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 11 percent, what is the current share price? Note: Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Share priceGoulds Corp. pays a constant $9.05 dividend on its stock. The company will maintain this dividend for the next 9 years and will then cease paying dividends forever. If the required return on this stock is 10%, what is the current share price? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Current share price LAThe Red Bud Company pays a constant dividend of $3.20 a share. The company announced today that it will continue to do this for another 2 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 8.8 percent?