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Business, 12.12.2019 22:31 malikxyo224

The sly fox pays a constant dividend of $1.46 a share. the company announced today that it will continue to pay the dividend for another 2 years and then in year 3 it will pay a final liquidating dividend of $15.25 a share. what is one share of this stock worth today at a required return of 18.5%?
a) $12.92
b) $11.44
c) $12.07
d) $13.09
e) $14.20

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