Sew lsquon more just paid an annual dividend of 142 a share, Ask an Expert

Economics

Sew ‘N More just paid an annual dividend of $1.42 a share. The firm plans to pay annual dividends of $1.45, $1.50, and $1.53 over the next 3 years, respectively. After that time, the dividends will be held constant at $1.60 per share. What is this stock worth today at a discount rate of 9 percent?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91673459

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