question archive A firm has just declared that its dividend next year will be $5
A firm has just declared that its dividend next year will be $5
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A firm has just declared that its dividend next year will be $5.60 per share. That rate of payment will continue for an additional 4 years, after which the dividends will fall back to their usual $4.60 per share. The discount rate is 10 percent. What is the present value of all the future dividends?
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