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Posted on Jul 22, 2024

Dunder-Mifflin/Saber has announced that it will begin paying dividends with the first dividend of $3.50 per share to be paid in three years and grow

Dunder-Mifflin/Saber has announced that it will begin paying dividends with the first dividend of $3.50 per share to be paid in three years and grow at 6% per year afterward. If you require a return of 18%, what is the most you would pay for the stock today?

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