Sharpe general stores is declining so it has announced that, Ask an Expert

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Sharpe General Stores is declining so it has announced that it will pay annual dividends of $.80, $.50, and $.50 over the next three years, respectively.

The following year, the firm will close and pay a final dividend of $13.80 a share. If you have a required return of 14.5 percent, what is one share of this stock worth to you today?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92822459

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