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Business, 13.07.2019 04:20 djemdn

Maloney, inc., has an odd dividend policy. the company has just paid a dividend of $7 per share and has announced that it will increase the dividend by $6 per share for each of the next five years, and then never pay another dividend. if you require a return of 14 percent on the company’s stock, how much will you pay for a share today?

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Maloney, inc., has an odd dividend policy. the company has just paid a dividend of $7 per share and...
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