Question
B Corp will pay constant dividend of $15 for the next 20 years and then cease paying dividends. If the required return is 10%, how
B Corp will pay constant dividend of $15 for the next 20 years and then cease paying dividends. If the required return is 10%, how much should you pay for this stock?
A) $137.79
B) $127.70
C) $157.70
D) 120.70
E) $300
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Foundations Of Financial Management
Authors: Stanley B Block, Geoffrey A Hirt
12th Edition
0073295817, 9780073295817
