Diamond corporation will pay a $3.75 per share dividend next year. The company pledges to increase its
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Diamond corporation will pay a $3.75 per share dividend next year. The company pledges to increase its dividend by 5.5 percent per year, indefinitely. If you require a 12 percent return on your investment, how much will you pay for the company’s stock today?
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Related Book For
Essentials Of Corporate Finance
ISBN: 9780073405131
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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