JEN Corp. is expected to pay a  dividend of $3.50 per year indefinitely. If the appropriate rate of  return on this stock is 8 percent per year, and the stock consistently  goes ex-dividend 20 days before dividend payment date, what will be the  expected minimum price in light of the dividend payment logistics?

Answer rating: 100% (QA)

The minimum price of the stock given the dividend payment and discount rate can be calculated using ... View the full answer