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Business, 06.06.2020 21:58 danielboek

Knightmare, Inc., will pay a dividend of $4.75, $8.85, and $12.05 per share for each of the next three years, respectively. The company will then close its doors. Investors require a return of 8.9 percent on the company's stock. What is the current stock price?

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Knightmare, Inc., will pay a dividend of $4.75, $8.85, and $12.05 per share for each of the next thr...
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