Question: QUESTION 9 Tango Corp is experiencing cash flow issues Analysts believe the company will pay a dividend every other year for the next five years.
QUESTION 9 Tango Corp is experiencing cash flow issues Analysts believe the company will pay a dividend every other year for the next five years. The first dividend payment of $2 share will occur one year from today. Each subsequent dividend paid over this five year time period will be 120% of the previous dividend paid. After five years, Tango's dividend is expected to grow at a constant 4% rate, indefinitely investors require a 10% rate of retum Find the value of Tango's stock today Round intermediate stops to four decimals 40.05 43.47 11532 O 30.41
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