Question: In the previous problem, suppose the current share price is $60. If all other information remains the same, what must the liquidating dividend be? In

In the previous problem, suppose the current share price is $60. If all other information remains the same, what must the liquidating be?
In problem 1
JJ Industries will pay a regular of $2.40 per share for each of the next four years. At the end of the four years, the company will also pay out a $40 per share liquidating and the company will cease operations. If the is 10 percent, what is the current value of the company's stock?

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