(solved)Estes Park Corp. pays a constant $8.15 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease…. . . . .

Estes Park Corp. pays a constant $8.15 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease paying dividends forever. If the required return on this stock is 11 percent, what is the current share price? Please show work…..want to put in excel spreadsheet. Thanks

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Answer to Estes Park Corp. pays a constant $8.15 dividend on its stock. The company will maintain this dividend for the next 12 years and will then cease… . . .

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