Jen corp is expected to pay a dividend of 625 per year, Ask an Expert

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JEN Corp. is expected to pay a dividend of $6.25 per year indefinitely. If the appropriate rate of return on this stock is 9 percent per year, and the stock consistently goes ex-dividend 15 days before dividend payment date, what will be the expected maximum price in light of the dividend payment logistics?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92323461

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