Question: a) $8.69 b) $17.47 c) $16.88 d) $8.04 e) $8.36 Ground Chuck Processing just paid its annual dividend of $1.35 per share. The firm recently

a) $8.69

b) $17.47

c) $16.88

d) $8.04

e) $8.36

Ground Chuck Processing just paid its annual dividend of $1.35 per share. The firm recently announced that all future dividends will be decreased by 3.50% annually. What is one share of this stock worth today at a required return of 11.50%

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