Business
Business, 16.04.2020 23:16, DASASDAEDWEDA

Leisure Lodge Corporation is expected to pay the following dividends over the next four years: $18.00, $10.00, $7.00 and $2.30. Afterwards, the company pledges to maintain a constant 5 percent growth rate in dividends forever. If the required return on the stock is 11 percent, what is the current share price?

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Leisure Lodge Corporation is expected to pay the following dividends over the next four years: $18.0...

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