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15. The Red Bud Co. pays a constant dividend of $2.30 a share. The company announced today that it will continue to do this for
15. The Red Bud Co. pays a constant dividend of $2.30 a share. The company announced today that it will continue to do this for another 2 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 7.9 percent? O $4.11 O $641 O $2.58 O $2.48 O $4.60
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