Question: Thends but is expected to start doing so in 4 years. That is, Captured per share) in the fourth year. Once the compayg any dividends
Thends but is expected to start doing so in 4 years. That is, Captured per share) in the fourth year. Once the compayg any dividends and then is expected to pay its first dividend (or $2.16 expected to have a dividend payout ratio ol 43\% starts paying dividends, it's expected to continue to do so. The company is a required rate of return of 13%, what is the maximum price you should be willing to pay for this stock today? The maximum Trice you should be willing to pay for this stock today is $ (Round to the nearest cent)
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