This paper circulates around the core theme of FIN3403 – Apocalyptica Corporation is expected to pay the following dividends together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 59. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Apocalyptica Corporation is expected to pay the following dividends over the next four years: $5.30, $16.30, $21.30, and $3.10. Afterwards, the company pledges to maintain a constant 5.75 percent growth rate in dividends, forever.Required:If the required return on the stock is 8 percent, what is the current share price? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Current share price $