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In mid - 2 0 1 8 , some analysts recommended that General Electric ( GE ) suspend its dividend payments to preserve cash needed
In mid some analysts recommended that General ElectricGE suspend its dividend payments to preserve cash needed for investment. Suppose you expected GE to stop paying dividends for two years before resuming an annual dividend of $ per share, paid years from now, growing by per year. If GE's equity cost of capital is estimate the value of GE's shares today.
The price today is $
The price in two years is $
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