Cooperton Mining just announced it will cut its dividend from $4.17 to $2.56 per share and use the extra funds to expand. Prior to the announcement, Cooperton's dividends were expected to grow at a 3.3 % rate, and its share price was $50.47. With the planned expansion, Cooperton's dividends are expected to grow at a 46% rate. What share price would you expect after the announcement? (Assume that the new expansion does not change Cooperton's risk). Is the expansion a good investment?
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Business, 22.06.2019 20:40
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Business, 23.06.2019 12:00
Housing prices in a certain neighborhood average at $113.81 per square foot. if one house in this neighborhood is 2100 square feet, what should it be priced at?
Answers: 3
Cooperton Mining just announced it will cut its dividend from $4.17 to $2.56 per share and use the e...
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