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Business, 21.10.2020 16:01 JojoSiwa901

West Side Corporation is expected to pay the following dividends over the next four years: $16, $12, $11, and $7.50. Afterward, the company pledges to maintain a constant 6 percent growth rate in dividends forever. If the required return on the stock is 16 percent, what is the current share price? a. $63.27.
b. $61.40.
c. $68.82.
d. $65.17.
e. $60.11.

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