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Business, 01.03.2021 21:00 vedros

A stock paid $3.85 in dividends at the end of last year and is expected to pay a cash dividend until Infinity. No growth is expected. Investors require a 6% rate of return. What is the value of the common stock?
$6.42
$3.85
$64.17
$68.02

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Answers: 2

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A stock paid $3.85 in dividends at the end of last year and is expected to pay a cash dividend until...
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