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Redd, Inc. is planning to cease operations in a few years. It will continue to pay its customary $8 annual dividend for the next 4
Redd, Inc. is planning to cease operations in a few years. It will continue to pay its customary $8 annual dividend for the next 4 years, followed by a final one-time dividend of $75 one year later. Given a required return of 14% EAR, what is the current value of this companys stock?
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