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Business, 22.04.2020 00:45 starreee

JJ Industries will pay a regular dividend of $2.50 per share for each of the next four years. At the end of the four years, the company will also pay out a liquidating dividend of $61 per share, and the company will cease operations. If the discount rate is 8 percent, what is the current value of the company’s stock

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JJ Industries will pay a regular dividend of $2.50 per share for each of the next four years. At the...
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