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Z company has a current annual cash dividend policy of $3.50 . The price of the stock is set to yield a return of 10%.
Z company has a current annual cash dividend policy of $3.50 . The price of the stock is set to yield a return of 10%. What is the price of this stock if the dividend will be paid for 50 years, for 100 years, for forever, for 12 years, for 16 years and for 42 years . Please answer al parts with explanations.(Round to the nearest cent) Thx
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