Business, 15.07.2020 20:01, jansielys01013

Arcs and Triangles paid an annual dividend of $1.47 a share last month. The company is planning on paying $1.52, $1.60, and $1.62 a share over the next three years, respectively. After that, the dividend will be constant at $1.65 per share per year. What is the market price of this stock if the market rate of return is 11 percent

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Arcs and Triangles paid an annual dividend of $1.47 a share last month. The company is planning on p...