Question
Ingevity Corporation, a specialty chemical company, pays a dividend of $13.25 each year. The company will maintain this dividend for 8 years and then discontinue
Ingevity Corporation, a specialty chemical company, pays a dividend of $13.25 each year. The company will maintain this dividend for 8 years and then discontinue the dividends forever. The rate of return of return on the stock is 11%. What is the current price of Ingevity stock?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
8th Edition
0814406807, 978-0814406809
