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What is the current share price-far side corporation

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Far Side Corporation is expected to pay the following dividends over the next four years: $6, $12, $6, and $7. Afterward, the company pledges to maintain a constant 0.04 growth rate in dividends forever. If the required return on the stock is 0.1, what is the current share price? Answer with 2 decimals (e.g. 45.45).

Reference no: EM132657484

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