Question
Company Inc. pays a constant dividend of $5.00 a share. The company announced today that it will continue to do this for another 3 years
Company Inc. pays a constant dividend of $5.00 a share. The company announced today that it will continue to do this for another 3 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 10 percent?
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Codes Of Finance
Authors: Vincent Antonin Lépinay
1st Edition
0691151504, 978-0691151502
