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Business, 21.04.2020 17:19 kskfbfjfk

Sessler Manufacturing made two announcements concerning its common stock today. First, the company announced that the next annual dividend will be $1.75 per share. Secondly, all dividends after that will decrease by 1.5 percent annually. What is the maximum you should pay to purchase the stock if a 14 percent rate of return is required?

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Sessler Manufacturing made two announcements concerning its common stock today. First, the company a...
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