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Singing Fish Fine Foods has a current annual cash dividend policy of $3.25. The price of the stock is set to yield a return
Singing Fish Fine Foods has a current annual cash dividend policy of $3.25. The price of the stock is set to yield a return of 14%. What is the price of this stock if the dividend will be paid for 12 years? b. for 17 years? c. for 40 years? d. for 60 years? for 100 years? f. forever? a. What is the price of this stock if the dividend will be paid for 12 years? (Round to the nearest cent.)
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