Business
Business, 20.12.2019 02:31, mayaparness

Beaksley, inc. is a very cyclical type of business which is reflected in its dividend policy. the firm just paid a dividend of $2.00 per share and subsequent dividends will be paid every other year. five years from now, the company is repurchasing all of the outstanding shares at a price of $50 a share. what is the current value of one share at a discount rate of 12 percent?

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