Corn inc has an odd dividend policy the company has just, Ask an Expert

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Corn, Inc., has an odd dividend policy. the company has just paid a dividend of $9 per share and has announced that it will increase the dividend by $3 per share for each of the next four years, and then never pay another dividend. If you require an 11% return on the company's stock, how much will you pay for a share today?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92310121

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