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Find the value of share of Canyon Buff today

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Reference no: EM132860247

Question - Canyon buff Corp. currently pays no dividend. You anticipate Canyon Buff will pay an annual dividend of $0.56 per share two years from today, and you expect dividends to grow by 4% per year thereafter. If Canyon buff's equity cost of capital is 12%, then find the value of share of Canyon Buff today?

Reference no: EM132860247

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