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Tolo Co. plans the following repurchases: $10.1 million in one year, nothing in two years, and $20.3 million in three years. After that, it will
Tolo Co. plans the following repurchases: $10.1 million in one year, nothing in two years, and $20.3 million in three years. After that, it will stop repurchasing and will issue dividends totaling $25.3 million in four years. The total paid in dividends is expected to increase by 3. 2% per year thereafter f Tolo has 2.1 million shares outstanding and an equity cost of capita of D 8 what sits price per share today, The stock price will be S(Round to the nearest cent.)
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