Question: Question 1 (of 4) value: 25.00 points Problem 6-2 JJ Industries will pay a regular dividend of $1.30 per share for each of the next

 Question 1 (of 4) value: 25.00 points Problem 6-2 JJ Industries
will pay a regular dividend of $1.30 per share for each of
the next four years. At the end of four years, the company
will also pay out a liquidating dividend. If the discount rate is

Question 1 (of 4) value: 25.00 points Problem 6-2 JJ Industries will pay a regular dividend of $1.30 per share for each of the next four years. At the end of four years, the company will also pay out a liquidating dividend. If the discount rate is 7 percent, and the current share price Round your answer to 2 decimal places. Omit the "$" sign in your response.) is $54, what must the liquidating dividend be? (Do not round intermediate calculations. Liquidating dividend References eBook & Resources Worksheet Problem 6-2 25

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