Business, 16.07.2021 02:50, jjmarie612

Hailey Corporation pays a constant $9.45 dividend on its stock. The company will maintain this dividend for the next 13 years and will then cease paying dividends forever. If the required return on this stock is 10.7 percent, what is the current share price?

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Hailey Corporation pays a constant $9.45 dividend on its stock. The company will maintain this divid...