Question
15.- Now it is 2008, the whole market is struggling to overcome the financial crisis. Digital studios decided to adopt a constant dividends policy. The
15.- Now it is 2008, the whole market is struggling to overcome the financial crisis. Digital studios decided to adopt a constant dividends policy. The management announced that it is going to pay $1.5 annual dividends indefinitely. What is the stock price if the required rate of return is 12%?
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
