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Wellman Inc. has a current annual cash dividend policy of $5. The price of the stock is set to yield a 6% return. What is

Wellman Inc. has a current annual cash dividend policy of $5. The price of the stock is set to yield a 6% return. What is the price of this stock if the dividend will be paid

a.For 10 years and then the company will repurchase the stock for $40.

b.Forever with no repurchase of the stock.

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Wellman Inc. has a current annual cash dividend policy of $5. The price of the stock is set to yield a 6% return. What is

Wellman Inc. has a current annual cash dividend policy of $5. The price of the stock is set to yield a 6% return. What is the price of this stock if the dividend will be paid a.For 10 years and then the company will repurchase the stock for $40. b.Forever with no repurchase of the stock.

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Wellman Inc. has a current annual cash dividend policy of $5. The price of the stock is set to yield a 6% return. What is the price of this stock if the dividend will be paid

a.For 10 years and then the company will repurchase the stock for $40.

b.Forever with no repurchase of the stock.