Question
No dividends for the next 6 years. At the end of the 6th year a company will pay a dividend of $30.00 and go out
No dividends for the next 6 years. At the end of the 6th year a company will pay a dividend of $30.00 and go out of business. How much would you pay for the stock if you require a 10% rate of return?
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
