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Problem:

J Industries will pay a regular dividend of $3.30 per share for each of the next four years. At the end of four years, the company will also pay out a liquidating dividend. If the discount rate is 10 percent, and the current share price is $69,

Requirement:

Question 1: What must the liquidating dividend be? Please explain in detail and also provide step by step solution.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91146569

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