Mind Max Inc. has a dividend policy that increases annual dividends by 3% each year. If last

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Mind Max Inc. has a dividend policy that increases annual dividends by 3% each year. If last year’s dividend was $2.00, the company intends to stay in business for 50 years, and an investor wants a 9% return, what would be the price of Mind Max stock?

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Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

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