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Business, 17.04.2020 00:48 igtguith

JL Tools is a young start-up company. The company expects to pay its first dividend of $.20 a share in Year 6 with annual dividend increases of 1.5 percent thereafter. At a required return of 12 percent, what is the current share price

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JL Tools is a young start-up company. The company expects to pay its first dividend of $.20 a share...
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