Business, 21.04.2020 20:27 maxgeacryne2199

The Red Bud Co. pays a constant dividend of $3.10 a share. The company announced today that it will continue to do this for another 2 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 8.7 percent?

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The Red Bud Co. pays a constant dividend of $3.10 a share. The company announced today that it will...

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