Question: McCormick expects its current annual $ 2 . 5 0 per share common stock dividend to remain the same for the foreseeable future. Therefore, the

McCormick expects its current annual $

2.50

per share common stock dividend to remain the same for the foreseeable future. Therefore, the value of the stock to an investor with a required return of

12 %

.

3.00 .

.

18.33 .

.

20.83 .

.

30.00 .

McCormick expects its current annual $ 2 . 5 0

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