Question
JJ Industries will pay a regular dividend of $.80 per share for each of the next four years. At the end of the four years,
JJ Industries will pay a regular dividend of $.80 per share for each of the next four years. At the end of the four years, the company will also pay out a $77 per share liquidating dividend, and the company will cease operations. If the discount rate is 7 percent, what is the current value of the company
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The Complete Personal Finance Handbook
Authors: Teri B Clark
1st Edition
160138047X, 978-1601380470
