Question: Question 8 (1 point) Carnico Ltd. will pay $3.65 per share dividend next year. The company pledges to increase its dividend by 3.75% per year
Question 8 (1 point) Carnico Ltd. will pay $3.65 per share dividend next year. The company pledges to increase its dividend by 3.75% per year indefinitely. If you require a return of 10.925% on your investment, how much will you pay for the company's stock today? a) $32.59 Ob) $48.99 Oc) $50.83 d) $50.87
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