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Business, 05.11.2019 18:31 carapiasebas

Sessler manufacturers made two announcements concerning its common stock today. first, the company announced that the next annual dividend will be $1.55 a share. secondly, all dividends after that will increase by 1.5 percent for the foreseeable future. what is the maximum amount you should pay to purchase a share of this stock today if you require a 16 percent rate of return?

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Sessler manufacturers made two announcements concerning its common stock today. first, the company a...

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