Question
The Golden Cage is expected to pay an annual dividend of $1.63 per share next year and then pay a final liquidating divided of $25.08
The Golden Cage is expected to pay an annual dividend of $1.63 per share next year and then pay a final liquidating divided of $25.08 per share the following year. Currently, you own 350 shares of the Golden Cage. What is the current value of your shares if the required return is 14 percent?
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Local Public Finance
Authors: René Geissler, Gerhard Hammerschmid, Christian Raffer
1st Edition
3030674681, 978-3030674687
