Question: Check my work JJ Industries will pay a regular dividend of $2.30 per share for each of the next four years. At the end of

Check my work JJ Industries will pay a regular dividend of

Check my work JJ Industries will pay a regular dividend of $2.30 per share for each of the next four years. At the end of the four years, the company will also pay out a liquidating dividend of $54 per share, and the company will cease operations. If the discount rate is 7 percent, what is the current value of the company's stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 10 oints Price eBook Print References

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