Atlas Home Supply has paid a constant annual dividend of $2.40 a share for the past 15

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Atlas Home Supply has paid a constant annual dividend of $2.40 a share for the past 15 years. Yesterday, the firmrannounced the dividend will increase next year by 10 percent and will stay at that level through Year, 3.The company will be liquidated but it will take 3 years for the process to complete. Therefore, the liquidating dividendrof $26.928 per share will be paid in Year 6. The required return on this stock is 12 percent. What is the current value per share?

Posted Date: Apr 06, 2022 02:06 AM

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Atlas Home Supply has paid a constant annual dividend of $2.40 a share for the past 15

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