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Gen Corp. is expected to pay a dividend of $4.50 per year indefinitely. The appropriate rate of return on this stock is 12 percent per

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Gen Corp. is expected to pay a dividend of $4.50 per year indefinitely. The appropriate rate of return on this stock is 12 percent per year and the stock consistently goes ex-dividend 40 days before dividend payment date. What will be the expected minimum price in light of the dividend payment logistics? Minimum stock price $ What will be the expected maximum price in light of the dividend payment logistics? Maximum stock price $

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