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Problem:

JJ Industries will pay a regular dividend of $3.15 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 8 percent, and the current share price is $83,

Required:

Question 1: What must the liquidating dividend be? Explain in detail and provide all workings and methods.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91147159

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