Morning dew inc has an odd dividend policy the company has, Ask an Expert

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Morning Dew, Inc., has an odd dividend policy. The company has just paid a dividend of $6 per share and has announced that it will increase the dividend by $5 per share for each of the next five years, and then never pay another dividend. If you require a return of 15 percent 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.:- M92800042

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