Question
Zephyr Electrical is a company with no growth potential. Its last dividend payment was $4.80, and it expects no change in future dividends. What is
Zephyr Electrical is a company with no growth potential. Its last dividend payment was $4.80, and it expects no change in future dividends. What is the current price of the companys stock given a discount rate of 6.5 percent?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. Mcguigan, William J. Kretlow
9th Edition
032416470X, 9780324164701
