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Posted on Jul 31, 2024

Cato & Brutus just announced that it will commence paying annual dividends next year. It plans to pay $.83 a year for four years, $.95

Cato & Brutus just announced that it will commence paying annual dividends next year. It plans to pay $.83 a year for four years, $.95 a year for the following three years, and then cease paying dividends altogether. How much is one share of this stock worth to you today if you require a 10.1 percent rate of return?

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