Business, 06.05.2020 00:24 verdolaga2017me

The Red Bud Co. pays a constant dividend of $2.00 a share. The company announced today that it will continue to do this for another 2 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 7.6 percent?

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The Red Bud Co. pays a constant dividend of $2.00 a share. The company announced today that it will...

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