Dave Amos Ltd pays a constant dividend of $2 every year. What will the stock sell for

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Dave Amos Ltd pays a constant dividend of $2 every year. What will the stock sell for three years from now if the required rate of return is 9 percent?

A) $21.30.

B)$22.22.

C) $25.70.

D) $28.78.

Related Book For answer-question

Corporate Finance A Focused Approach

ISBN: 978-1305637108

6th edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Posted Date: Oct 07, 2023 02:47 AM

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Dave Amos Ltd pays a constant dividend of $2 every year. What will the stock sell for

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Corporate Finance A Focused Approach

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