Why do the numerical examples in this chapter involve a large dividend in the last year of

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Why do the numerical examples in this chapter involve a large dividend in the last year of the explicit forecast period?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Entrepreneurial Finance

ISBN: 978-0538478151

4th edition

Authors: J . chris leach, Ronald w. melicher

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