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Singing Fish Fine Foods has a current annual cash dividend policy of $2.25. The price of the stock is set to yield a return
Singing Fish Fine Foods has a current annual cash dividend policy of $2.25. The price of the stock is set to yield a return of 12%. What is the price of this stock if the dividend will be paid a. for 10 years? b. for 15 years? c. for 40 years? d. for 60 years? e. for 100 years? f. forever? a. What is the price of this stock if the dividend will be paid for 10 years? $(Round to the nearest cent.) b. What is the price of this stock if the dividend will be paid for 15 years? (Round to the nearest cent.) c. What is the price of this stock if the dividend will be paid for 40 years? (Round to the nearest cent)
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