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Business, 12.11.2019 03:31 taz64

Michael's, inc., just paid $2.55 to its shareholders as the annual dividend. simultaneously, the company announced that future dividends will be increasing by 5.5 percent. if you require a rate of return of 9.7 percent, how much are you willing to pay today to purchase one share of the company's stock?

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Michael's, inc., just paid $2.55 to its shareholders as the annual dividend. simultaneously, the com...
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