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The Red Bud Co. pays a constant dividend of $2.10 a share. The company announced today that it will continue to do this for another
The Red Bud Co. pays a constant dividend of $2.10 a share. The company announced today that it will continue to do this for another 2 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 77 percent? O $2.26 O $2.35 O $4.20 O $3.76 O $5.86
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