Business, 16.10.2019 00:00 alemorachis49
The extreme reaches corp. last paid a $1.50 per share annual dividend. the company is planning on paying $3.00, $5.00, $7.50, and $10.00 a share over the next four years, respectively. after that the dividend will be a constant $2.50 per share per year forever. what is the market price of this stock if the market rate of return is 15 percent? round to the nearest cent. do not include the dollar sign in your answer. (i. e. if your answer were $1.23, then type 1.23 without a $ sign)
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The extreme reaches corp. last paid a $1.50 per share annual dividend. the company is planning on pa...
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