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    Dividend payment

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    Ten years ago a stock paid a $0.30 dividend. Since then it has split 2-
    for-1 twice. The current dividend is $0.16. If you have a required rate of
    return of 14 percent, what is the most you can pay for this stock?

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    dividend payment
    Ten years ago a stock paid a $0.30 dividend. Since then it ...

    Solution Summary

    The expert examines dividend payments.

    $2.19