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Business, 15.01.2022 14:00 yansaturnin

Cornwing Corporation pays a constant $0.01 dividend on its stock. The company will maintain this dividend for the next fifteen years and will then cease paying dividends forever. If the required return on this stock is 25 percent, what is the current share price?

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Cornwing Corporation pays a constant $0.01 dividend on its stock. The company will maintain this div...
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