Cato amp brutus just announced that it will commence paying, Ask an Expert

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Cato & Brutus just announced that it will commence paying annual dividends next year. It plans to pay $.81 a year for four years, $.93 a year for the following three years, and then cease paying dividends altogether. How much is one share of this stock worth to you today if you require a 12 percent rate of return?

Laverna Trickworks has a preferred stock that sells for $26.93 a share and has a market return of 15 percent. What is the dividend amount?

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Financial Management, Finance

Category:- Financial Management
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