How does tax cut stimulate the economy

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1. Apocalyptica Corp. pays a constant $14 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease paying dividends forever. Required: If the required return on this stock is 15 percent, what is the current share price?

2. How does Tax cut stimulate the economy? Give an example.

Reference no: EM131871353

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