Great Plains Planes plans to pay a $1.55 a share dividend at the end of each...
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Great Plains Planes plans to pay a $1.55 a share dividend at the end of each of the next two years. At the end of Year 3, it will pay a final liquidating dividend of $18 a share. After that, the company plans to close its doors permanently. What is the current value of this stock at a discount rate of 6 percent? Multiple Choice O O O $12.80 $14.83 $16.59 $17:38 $1795 Great Plains Planes plans to pay a $1.55 a share dividend at the end of each of the next two years. At the end of Year 3, it will pay a final liquidating dividend of $18 a share. After that, the company plans to close its doors permanently. What is the current value of this stock at a discount rate of 6 percent? Multiple Choice O O O $12.80 $14.83 $16.59 $17:38 $1795 Great Plains Planes plans to pay a $1.55 a share dividend at the end of each of the next two years. At the end of Year 3, it will pay a final liquidating dividend of $18 a share. After that, the company plans to close its doors permanently. What is the current value of this stock at a discount rate of 6 percent? Multiple Choice O O O $12.80 $14.83 $16.59 $17:38 $1795
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
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