If a stock is expected to pay a dividend of $4 for the current year, what is
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If a stock is expected to pay a dividend of $4 for the current year, what is the approximate present value of this stock, at a discounted rate of 5% and a dividend growth rate of 3%.
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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