Business
Business, 30.03.2020 20:49, macattack6276

Hardees' common stock sells for $21 a share and pays an annual dividend that increases by 5% annually. The market rate of return on this stock is 9%. What is the amount of the last dividend paid by Hardees? Assume the stock is in equilibrium

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Hardees' common stock sells for $21 a share and pays an annual dividend that increases by 5% annuall...

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