Common stock valuation Suppose you have a firm that plans to pay a constant dividend of $.45
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Common stock valuation Suppose you have a firm that plans to pay a constant dividend of $.45 during each of the next 6 years and then never pay dividends again. At that time, the price will be $3.64. Given this, what is the current price of a share of stock if k ¼ 8.5 %?
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Related Book For 
Applied Corporate Finance Questions Problems And Making Decisions In The Real World
ISBN: 9781493952991
1st Edition
Authors: Mark K. Pyles
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