Question
JJ Industries will pay a regular dividend of $2.70 per share for each of the next four years. At the end of four years, the
JJ Industries will pay a regular dividend of $2.70 per share for each of the next four years. At the end of four years, the company will also pay out a liquidating dividend. If the discount rate is 9 percent, and the current share price is $63, what must the liquidating dividend be?
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Beer Business Finance
Authors: Kary R Shumway
1st Edition
1090833741, 978-1090833747
