take time corporation just paid a dividend of $3.65 per share. the company pledges to increase its dividend by 5.1 percent per year, indefinitely. if you require a return of 11 percent on your investment, how much will you pay for the company's stock today?

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02-11-2022
Business

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take time corporation just paid a dividend of $3.65 per share. the company pledges to increase its dividend by 5.1 percent per year, indefinitely. if you require a return of 11 percent on your investment, how much will you pay for the company's stock today?

Sagot :

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take time corporation just paid a dividend of $3.65 per share. the company pledges to increase its dividend by 5.1 percent per year, indefinitely. if you require a return of 11 percent on your investment, how much will you pay for the company's stock today?

Sagot :

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