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Question 34: The Mad Cat Market is preparing to pay its first dividends. It is going to pay $1.10 and $1.50 a share over the
Question 34: The Mad Cat Market is preparing to pay its first dividends. It is going to pay $1.10 and $1.50 a share over the next 2 years, respectively. After that, the company has stated that the annual dividend will be $2.08 per share indefinitely. What is this stock worth per share to you today if you demand a 17% rate of return? (1 Point) $8.93 $9.67 $10.97 $14.27 $27.04
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