Calculate the present value on a stock that pays $5 in dividends per year (with no growth)

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Calculate the present value on a stock that pays $5 in dividends per year (with no growth) and has a required rate of return of 10 percent. ( LG 3-3 )

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Financial Markets And Institutions

ISBN: 9780078034664

5th Edition

Authors: Anthony Saunders, Marcia Cornett

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