Question
You have decided you would like to own some shares of the Clean Coal Company but need a 15% rate of return to compensate for
You have decided you would like to own some shares of the Clean Coal Company but need a 15% rate of return to compensate for the perceived risk of such ownership. What is the maximum you are willing to spend per share to buy this stock if the company pays a constant $1.75 annual dividend per share?
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The Finance Book
Authors: Stuart Warner, Si Hussain
2nd Edition
1292401982, 978-1292401980
