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A company just announced that they will pay a dividend of $4,25 per share one year from today. However, they expect a slowdown in
A company just announced that they will pay a dividend of $4,25 per share one year from today. However, they expect a slowdown in business, so they will not pay any dividends for several years. Then, 7 years from today, the company will be paying $1.15 per share forever. If you desire 12 percent return, how much are you willing to pay for one share of this stock?
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
