Guru Corp. will pay the following dividends over the next 4 years: $ 1 2 , $

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Question:

Guru Corp. will pay the following dividends over the next

4

years: $

12,

8,

7,

and $

2.50 .

After this time, the company will maintain a

5 %

growth rate in dividends. What is the current share price if the required return is

12 % ?

Related Book For answer-question

Corporate Finance

ISBN: 978-0077861759

10th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

See More Books

Posted Date: Apr 22, 2024 06:11 AM

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Guru Corp. will pay the following dividends over the next 4 years: $ 1 2 , $

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Corporate Finance

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