A company has just paid its annual dividend of $2.64 yesterday, and it is unlikely to change
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A company has just paid its annual dividend of $2.64 yesterday, and it is unlikely to change the amount paid out in future years. If the required rate of return is 19 percent p.a., what is the share worth today? (to the nearest cent; don’t include $ sign)
Related Book For
Principles Of Managerial Finance
ISBN: 9781292018201
14th Global Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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