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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