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Two Timing Company expects to pay the following unusual stream of dividends Beginning year 2, and in even years, it pays $2 per year, forever
Two Timing Company expects to pay the following unusual stream of dividends Beginning year 2, and in even years, it pays $2 per year, forever Beginning in year 1, and in odd years, it will pay $ 1 per share forever. Today is year 0. If the market discount rate is 20%, what would be the theoretical price for Two Timing questioncommon stock
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