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please help with these 2 MC questins thank you! General Importers announced that it will pay a dividend of $3.70 per share one year from
please help with these 2 MC questins thank you!
General Importers announced that it will pay a dividend of $3.70 per share one year from today. After that, the company expects a slowdown in its business and will not pay a dividend for the next 5 years. Then, 7 years from today, the company will begin paying an annual dividend of $1.80 forever The required return is 11.5 percent. What is the price of the stock today? Multiple Choice Kindzi Co. has preferred stock outstanding that is expected to pay an annual dividend of $3.55 every year in perpetuity. If the required return is 3.74 percent, what is the current stock price? Multiple Choice Step by Step Solution
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