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The Red Bud Company pays a constant dividend of $2.80 a share. The company announced today that it will continuo to do this for another

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The Red Bud Company pays a constant dividend of $2.80 a share. The company announced today that it will continuo to do this for another 2 years after which time they will discontinue. paying dividends permanenty. What is one share of this stock worth today if the required rate of return is 8.4 percent? Murpie Cheice s3\% 5 $560 $304 5497

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