Business, 25.11.2020 14:00 alexandroperez13

Yesteryear Productions pays no dividend at the present time. The company plans to start paying an annual dividend in the amount of $0.40 a share for two years commencing four years from today. After that time, the company plans on paying a constant $0.75 a share annual dividend indefinitely. How much are you willing to pay to buy a share of this stock today if your required return is 11.6 percent? a. $3.78
b. $4.22
c. $4.37
d. $4.71
e. $4.98

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Yesteryear Productions pays no dividend at the present time. The company plans to start paying an an...

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