You have decided to purchase shares of Sohne, Incorporated, but expect to earn a15.4percent rate of return
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You have decided to purchase shares of Sohne, Incorporated, but expect to earn a 15.4 percent rate of return to compensate for the perceived risk of such ownership. What is the maximum price you should pay per share if the company pays a constant $5.25 annual dividend per share?
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324302691
11th edition
Authors: Eugene F. Brigham, ? Joel F. Houston
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