Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 03 Feb 2018 My Price 4.00

annual dividend

Since it has been in business, FreeFin has paid a $1 per share annual dividend. The company plans to pay a $1 dividend for the next two years. Beginning in three years, however, FreeFin plans to increase the dividend by 8 percent each year for the remainder of the company’s life. If investors require a 17 percent rate of return to purchase FreeFin’s common stock, what should be the market value of its stock today?

 

Answers

Maurice Tutor
(5)
Status NEW Posted 03 Feb 2018 10:02 PM My Price 4.00

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