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Business, 25.11.2020 14:00 danielhall

Whistle Stop pays a constant annual dividend of $4 on its stock. The company will maintain this dividend for the next 3 years and will then cease paying dividends forever. What is the current price per share if the required return on this stock is 15.6 percent? a. $10.38
b. $9.52
c. $9.04
d. $9.28
e. $10.02

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