Suppose you are considering buying shares in IMT, Inc. IMT's next yearly dividend is expected to be

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Suppose you are considering buying shares in IMT, Inc. IMT's next yearly dividend is expected to be $1.50 per share, and all subsequent dividends are expected to shrink by 10 percent per year for the foreseeable future.

If the appropriate rate of return on this stock is 8 percent, what should it be selling for?

a. $8.33

b. $11.56

c. $28.45

d. $75.00

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Corporate Finance Demystified By T Adair

ISBN: B003R9TYRG

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Authors: T Adair

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Question Posted: May 31, 2024 10:02 AM

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Suppose you are considering buying shares in IMT, Inc. IMT's next yearly dividend is expected to be

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Corporate Finance Demystified By T Adair

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