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Knightmare, Inc., will pay a dividend of $715, $9.95, and $13.15 per share for each of the next three years, respectively. The company will then
Knightmare, Inc., will pay a dividend of $715, $9.95, and $13.15 per share for each of the next three years, respectively. The company will then close its doors. Investors require a return of 11.4 percent on the company's stock. What is the current stock price? Multiple Choice $30 96 $27.20 $23.95 $36.35 $29.29 Leslie's Unique Clothing Stores offers a common stock that pays an annual dividend of $170 a share The company has promised to maintain a constant dividend. How much are you willing to pay for one share of this stock if you want to earn a return of 1150 percent on your equity investments? Multiple Cholce $13.20 $19.55 $676 $9.80 $1478
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