Singing Fish Fine Foods has a current annual cash dividend policy of $4.00. The price of the
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Question:
Singing Fish Fine Foods has a current annual cash dividend policy of $4.00. The price of the stock is set to yield a return of 12%. What is the price of this stock if the dividend will be paid
a.12 years?
b.15 years?
c.42 years?
d.50 years?
e.100 years?
f. forever?
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