What is the current share price

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Question - Chamberlain Corporation is expected to pay the following dividends over the next four years: $ 13.60, $9.60, $8.60, and $4.10. Afterward, the company pledges to maintain a constant 4% growth rate in dividends forever. If the required return on the stock is 12%, what is the current share price? Do not round intermediate calculations.

Reference no: EM133185818

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