Question: please help i rate fast. please follow instruction on rounding . thank you The JRN Corporation will pay a constant dividend of 54 per share

 please help i rate fast. please follow instruction on rounding . please help i rate fast. please follow instruction on rounding . thank you

The JRN Corporation will pay a constant dividend of 54 per share per year in perpetuity Assume that all investors pay a 25% tax on dividends and that there is no capital gains tax The cost of capital for nvesting in JRN stock is 14% The price of a share of URN's Stock is closest to O A 51714 OB. $2143 OG 542.00 OD. $2571

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!