Question
Langley Enterprises pays a constant dividend of $1.30 a share. The company announced today that it will continue to do this for another 2 years
Langley Enterprises pays a constant dividend of $1.30 a share. The company announced today that it will continue to do this for another 2 years after which time it will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 7 percent?
| $3.74 | |
| $2.12 | |
| $2.35 | |
| $2.60 | |
| $3.50 |
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Finance And Sustainability
Authors: Karolina Daszyńska-Żygadło, Agnieszka Bem, Bożena Ryszawska, Erika Jáki, Taťána Hajdíková
1st Edition
3030344037, 978-3030344030
