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Winter Time Adventures is going to pay an annual dividend of $2.72 a share on its common stock next week. This year, the company paid
Winter Time Adventures is going to pay an annual dividend of $2.72 a share on its common stock next week. This year, the company paid a dividend of $2.60 a share. The company adheres to a constant rate of growth dividend policy. What will one share of this common stock be worth 12 years from now if the applicable discount rate is 9.0 percent?
$139.82 | |
$98.56 | |
$106.61 | |
$101.90 | |
$115.30 |
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