cCabe Corporation is expected to pay the following dividends over the next four years: $6.60, $17.60,...
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cCabe Corporation is expected to pay the following dividends over the next four years: $6.60, $17.60, $22.60, and $4.40. Afterward, he company pledges to maintain a constant 5.25 percent growth rate in dividends forever. If the required return on the stock is 7 ercent, what is the current share price? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. cCabe Corporation is expected to pay the following dividends over the next four years: $6.60, $17.60, $22.60, and $4.40. Afterward, he company pledges to maintain a constant 5.25 percent growth rate in dividends forever. If the required return on the stock is 7 ercent, what is the current share price? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
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