Question: Saved Help Save & Exit General Stores recently announced that it will pay annual dividends of $1.05, 5.80 and $.50 over the next 3 years,

Saved Help Save & Exit General Stores recently announced that it will pay annual dividends of $1.05, 5.80 and $.50 over the next 3 years, respectively. The following year, the firm will close and pay a final dividend of $11.30 a share. What is one share of this stock worth today at a discount rate of 16.6 percent? Multiple Choice $8.24 $721 $7.92 arch O

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