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Mathematics, 16.10.2019 03:00 Satoetoe24

Langley enterprises pays a constant dividend of $1.30 a share. the company
announced today that it will continue to do this for another 5 years after which time
it will discontinue paying dividends permanently. what is one share of this stock
worth today if the required rate of return is 8 percent?

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Langley enterprises pays a constant dividend of $1.30 a share. the company
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