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    Diggers Corporation's Share Price

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    Diggers Corporation is expected to pay the following dividends over the next four years: $10, $8, $5, and $3. Afterwards, the company pledges to maintain a constant 5% growth rate in dividends, forever. If the required return on the stock is 13 percent, what is the current share price?

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    https://brainmass.com/economics/barriers-to-growth/diggers-corporations-share-price-493994

    Solution Summary

    Diggers Corporation's share price is examined.

    $2.19