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Business, 15.11.2019 23:31 lilinicholeb

Dixie mart plans to pay dividends of $1.36, $1.15, $1.35, and $0.40 at the end of the next four years, respectively. after that, the company will be sold and shareholders are expected to receive $82.40 per share in year 6 when the sale should be finalized. if the required return is 11.4 percent. what is the current value of one share of this stock? a. $47.71b. $51.87c. $46.50d. $51.08e. $47.29

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Dixie mart plans to pay dividends of $1.36, $1.15, $1.35, and $0.40 at the end of the next four year...
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