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38.Lakeside Sheet Metal is downsizing and plans on completely closing 3 years from now. The rm's liquidation plan calls for annual dividends of $3, $6,
38.Lakeside Sheet Metal is downsizing and plans on completely closing 3 years from now. The rm's liquidation plan calls for annual dividends of $3, $6, and $36 over the next 3 years, respectively. What is the current value of this stock given a discount rate of 14 percent? a. $26.94 b. $27.16 c. $28.46 cl. $31.50 e. $36.29
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