Business
Business, 24.05.2021 23:10, lola06032003

A stock paid $3.85 in dividends at the end of last year and is expected to pay a cash dividend until infinity. No growth is expected. Investors require a 6% rate of return. What is the value of
the common stock?
O $3.85
O $6.42
O $64.17
O $68.02

answer
Answers: 1

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A stock paid $3.85 in dividends at the end of last year and is expected to pay a cash dividend unti...

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