Company will maintain this dividend-current share price

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Estes Park Corp. pays a constant $1.7 dividend on its stock. The company will maintain this dividend for the next 17 years and will then cease paying dividends forever.

If the required return on this stock is 2.34 percent, what is the current share price?

Reference no: EM13883379

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Company will maintain this dividend-current share price : Estes Park Corp. pays a constant $1.7 dividend on its stock. The company will maintain this dividend for the next 17 years and will then cease paying dividends forever. If the required return on this stock is 2.34 percent, what is the current share p..

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