Kiessling Corp. pays a constant $9 dividend on its stock. The company will maintain this dividend for
Question:
Kiessling Corp. pays a constant $9 dividend on its stock. The company will maintain this dividend for the next eight years and will then cease paying dividends forever. If the required return on this stock is 11 percent, what is the current share price?
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To find the current share price of Kiessling Corp stock we can use the dividend discount ...View the full answer
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Aqib Parvej
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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