Thirty-two Choices. is expecting its yogurt sales to decline. The company announced that it will be reducing its annual dividend by 4% a year for the next two years. After that, Thirty-two Choices will maintain a constant dividend of $1.40 a share. Last year, the company paid $1.60 per share. What is this stock worth to you if you require a 10% rate of return?

Answer rating: 100% (QA)

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