Business, 19.02.2020 02:51 pandadude123

Your local toy store just announced its annual dividend will be $4 dividend next year, $3 the following year, and then a final liquidating dividend of $46 a share in Year 3.
At a discount rate of 18 percent, what should one share sell for today?

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Your local toy store just announced its annual dividend will be $4 dividend next year, $3 the follow...