Question: 1. JJ Industries will pay a regular dividend of $2.40 per share for each of the next four years. At the end of the fourth

1. JJ Industries will pay a regular dividend of $2.40 per share for each of the next four years. At the end of the fourth year, the company will also pay out a $40 per share liquidating dividend, and the company will cease operations. If the discount rate is 10%, what is the current value of the companys stocks?

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