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J Industries will pay a regular dividend of $3.60 per share for each of the next four years. At the end of the four years,

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J Industries will pay a regular dividend of $3.60 per share for each of the next four years. At the end of the four years, the company will also pay out a liquidating dividend, and the company will cease operations. If the current share price is $60 and the discount rate is 8%, what must the liquidating dividend be? $65.41 $62.07 $58.60 $40 $50

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