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KQuestion 15 (of 18) The Red Bud Co. pays a constant dividend of $2.80 a share. The company announced today that it will continue to
KQuestion 15 (of 18) The Red Bud Co. pays a constant dividend of $2.80 a share. The company announced today that it will continue to do this for another 2 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 8.4 percent? O $3.04 O $497 O $777 O $316 O s560
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