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Business, 05.07.2019 18:10 kkmonsterhigh18

Beaksley, inc. is a very cyclical type of business which is reflected in its dividend policy. the firm pays a $2.00 a share dividend every other year with a payment being paid today. five years from now, the company is repurchasing all of the outstanding shares at a price of $50 a share. what is the current value of one share at a discount rate of 12 percent?

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