Question
JJ Industries will pay a regular dividend of $2.4 per share for each of the next four years. At the end of the four years,
JJ Industries will pay a regular dividend of $2.4 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 of $53 per share, and the company will cease operations. If the discount rate is 8 percent, what is the current value of the companys stock?
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Financial Statement Analysis & Dividend Investing
Authors: Andrew P.C.
1st Edition
1075873940, 978-1075873942
