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Business, 03.01.2020 21:31 tshegofatso92

The common stock of textile mills pays an annual dividend of $1.65 a share. the company has promised to maintain a constant dividend even though economic times are tough. how much are you willing to pay for one share of this stock if you want to earn a 12 percent annual return?

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The common stock of textile mills pays an annual dividend of $1.65 a share. the company has promised...
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