Business, 01.12.2020 16:40 guzmangisselle
Over the next three years, Distant Groves wl pay annual dividends of $.65, S.70, and $.75 a share, respectively. After that, dividends are projected to Increase by 2 percent per year. What is one share of this stock worth today at a required return of 14.5 percent?
a) $5.49
b) $5.94
c) $5.68
d) $5.55
e) $5.86
Answers: 1
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Over the next three years, Distant Groves wl pay annual dividends of $.65, S.70, and $.75 a share, r...
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