Business, 27.06.2019 07:00 AquaNerd5706

Maurer, inc., has an odd dividend policy. the company has just paid a dividend of $2.75 per share and has announced that it will increase the dividend by $4.50 per share for each of the next five years and then never pay another dividend. if you require a return of 11 percent on the company’s stock, how much will you pay for a share today? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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Maurer, inc., has an odd dividend policy. the company has just paid a dividend of $2.75 per share an...