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Osnel Lara Tours just announced that it will pay an annual dividend of $3.60 a share one year from now. Two years from now, the
Osnel Lara Tours just announced that it will pay an annual dividend of $3.60 a share one year from now. Two years from now, the company expects to pay a $28 a share liquidating dividend. After that, the company will cease operations. What is the current value per share at a discount rate of 12.5 percent? Formula given Po=D1/(1+K.+D2/(1+K.^2
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