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Business, 18.08.2019 01:10 benjamenburton1

Galloway, inc. has an odd dividend policy. the company just paid a dividend of $6 per share and has announced that it will increase the dividend by $1 per share for each of the next 4 years, and then never pay another dividend. how much are you willing to pay per share today to buy this stock if you require a 10 percent return?

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