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Singing Fish Fine Foods has a current annual cash dividend policy of $2.75. The price of the stock is set to yield a return of
Singing Fish Fine Foods has a current annual cash dividend policy of
$2.75.
The price of the stock is set to yield a return of
10%.
What is the price of this stock if the dividend will be paida.for
10
years?b.for
17
years?c.for
40
years?d.for
50
years?e.for
100
years?
f.forever?
a.What is the price of this stock if the dividend will be paid for
10
years?
$nothing
(Round to the nearest cent.)
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