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Business, 04.06.2021 02:10 DEVORIA2001

The Red Bud Co. pays a constant dividend of $1.20 a share. The company announced today that they will continue to do this for another 3 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 percent

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The Red Bud Co. pays a constant dividend of $1.20 a share. The company announced today that they wil...

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