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Business, 05.11.2019 02:31 cuppykittyy

New products pays no dividend at the present time. starting in year 3, the firm will pay a $0.25 dividend per share for two years. after that, the company plans on paying a constant $0.75 a share annual dividend indefinitely. how much should you pay per share to purchase this stock today at a required return of 13 percent?

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New products pays no dividend at the present time. starting in year 3, the firm will pay a $0.25 div...
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