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Business, 04.11.2019 03:31 wallsdeandre6927

Bruins inc made two announcements concerning its common stock today. first, the company announced that its first annual dividend next year will be $3.00 a share. secondly, all dividends after that will increase by 1.33 percent annually. what is the value of this stock at a discount rate of 14.0 percent?

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