Corp pays a constant $10 dividend on its stock the

Question

Corp pays a constant $10 dividend on its stock the company will maintain this dividend for the next seven years and will then cease paying dividends forever if the required return on this stock is 11 percent what is the current share price?

Hekmat Salem · Accepted Answer

Dear Customer,&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thanks for joining and trusting us, much appreciated!&nbsp;We would like to inform you that In order to be able to serve you better, would you&nbsp;&nbsp;please explain the question or bring&nbsp;&nbsp;the full text of the question.&nbsp;Other way, you may send an image or a file such as Excel or PDF and you can send it via e-mail to the following email:&nbsp;jawabkomfinance@gmail.com&nbsp;If you have another question, feel free to ask us and we will answer with pleasure.&nbsp;I hope my answer was helpful, please let me know if you have any follow up questions. If you feel I've answered your question already, please rate my answer from top of the page. Your feedback helps to ensure only the best experts are available to help you.&nbsp;You can also ask questions of our other specialists in the areas of nutrition, therapists, IT specialists, doctors, and many moreKind Regards,Hekmat Salem

إسأل Accountant الآن

Hekmat Salem

Accountant

الأسئلة المجابة 24544 | نسبة الرضا 97.9%

Corp pays a constant $10 dividend on its stock the...

إجابة الخبير: Hekmat Salem

Hekmat Salem

Accountant

الأسئلة المجابة 24544 | نسبة الرضا 98%

إسأل Accountant

Hekmat Salem

Accountant

الأسئلة المجابة 24544 | نسبة الرضا 97.9%

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