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Business, 27.02.2020 01:50 cybilmariejensen

Dixie Mart plans to pay dividends of $1.36, $1.15, $1.35, and $0.40 at the end of the next four years, respectively. After that, the company will be sold and shareholders are expected to receive $82.40 per share in Year 6 when the sale should be finalized. If the required return is 11.4 percent. What is the current value of one share of this stock?A. $47.71B. $51.87C. $46.50D. $51.08E. $47.29

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Dixie Mart plans to pay dividends of $1.36, $1.15, $1.35, and $0.40 at the end of the next four year...
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