Business, 10.03.2020 07:48 lulbbyz

Car Parts Center recently announced that it will pay annual dividends at the end of the next two years of $1.20 and $1.35 per share, respectively. Then, in Year 5 it plans to pay a final dividend of $11.75 a share before closing its doors permanently. At a required return of 17 percent, what should this stock sell for today

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