Question: an 11 at 1:52pm Instructions Question 16 1 pts CBQ Corporation is expected to pay the following dividends over the next three years: $8, $6,

 an 11 at 1:52pm Instructions Question 16 1 pts CBQ Corporation

an 11 at 1:52pm Instructions Question 16 1 pts CBQ Corporation is expected to pay the following dividends over the next three years: $8, $6, and $2 (i.e. D1, D2 and D3). Afterwards, the company pledges to maintain a constant 5 percent growth rate in dividends, forever. If the required return on the stock is 10 percent, what is the current share price? (Retain one decimal place.) $42.65 $44.55 O $43.12 O $45.30

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