Goulds Corp. pays a constant $7.55 dividend on its stock. The company will maintain this dividend for

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Goulds Corp. pays a constant $7.55 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease paying dividends forever. If the required return on this stock is 11%, what is the current share price?

Posted Date: May 19, 2024 06:17 AM

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Goulds Corp. pays a constant $7.55 dividend on its stock. The company will maintain this dividend for

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