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The Plutus Brothers announced today that its next annual dividend will be $ 2 . 5 7 per share. After that dividend is paid, the
The Plutus Brothers announced today that its next annual dividend will be $ per share. After that dividend is paid, the company expects to encounter some financial difficulties and is going to suspend dividends for years. After that a constant dividend of $ per share will be paid annually. The market rate of return on this stock is percent. What is the current value of this stock given this announcement?
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