Problembetter plastics is a mature manufacturing firm the, Ask an Expert

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Better Plastics is a mature manufacturing firm. The company just paid a $4 annual dividend, but management expects to reduce the payout by 3 percent per year, indefinitely.

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Question: If you require a 12 percent return on this stock, what will you pay for a share today?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91169208

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