Question: D Question 1 6 pts (6 marks) You are interested in buying a share of Simcoe Pharmaceuticals. The company just paid a dividend of 2

D Question 1 6 pts (6 marks) You are interested in

D Question 1 6 pts (6 marks) You are interested in buying a share of Simcoe Pharmaceuticals. The company just paid a dividend of 2 dollars per share. Dividends are going to grow at the rate of 20 percent for 7 years. After this period, dividends are going to grow at the rate of 4% indefinitely Required: If the required return on this stock is 12%, how much would you be willing to pay for the stock? Show your work HTML Editora B I VA - A - IX 2 VX

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