Business, 31.05.2021 15:20 dgonzale1857
What would be the maximum an investor should pay for the common stock of a firm that has no growth opportunities but pays a dividend of $1.36 per year? The required rate of return is 12.5 percent.
a. $11.24
b. $9.52
c. $10.88
d. $10.64
e. $11.47
Answers: 1
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What would be the maximum an investor should pay for the common stock of a firm that has no growth o...
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