Business
Business, 18.02.2020 20:30, Cnolteb5663

Stability Inc. has maintained a dividend payment of $4 per share for many years. The same dividend is expected to be paid in future years. If investors require a 12% rate of return on similar investments, determine the present value of the company's stock. a. $15.00 b. $30.00 c. $33.33 d. $35.00 e. $40.00

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