Current Attempt in Progress Johnson Corporation has just paid a dividend of $4.45. The company has...
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Current Attempt in Progress Johnson Corporation has just paid a dividend of $4.45. The company has forecasted a constant dividend growth rate of 8 percent forever. If the appropriate discount rate is 14 percent, what is the current price of this stock? Current Attempt in Progress Johnson Corporation has just paid a dividend of $4.45. The company has forecasted a constant dividend growth rate of 8 percent forever. If the appropriate discount rate is 14 percent, what is the current price of this stock?
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