Business
Business, 13.12.2019 05:31, sabrinaaz

Pasqually mineral water, inc., will pay a quarterly dividend per share of $1.55 at the end of each of the next 12 quarters. thereafter, the dividend will grow at a quarterly rate of 1.5 percent, forever. the appropriate rate of return on the stock is 12 percent, compounded quarterly. what is the current stock price?

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