This morning, the company paid $1.30 per share and will maintain this dividend indefinitely. What...
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Finance
This morning, the company paid $1.30 per share and will maintain this dividend indefinitely. What is this stock worth to you if you require a 10% rate of return? Pick the answer closest to the correct value.
a.
$14.23
b.
$12.98
c.
$10.86
d.
$11.11
e.
$11.64
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