Solved: Henry co is expected to pay a dividend of 1350 one year, Business Management

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Henry co is expected to pay a dividend of 1350 one year

Question: Henry Co. is expected to pay a dividend of 13.50 one year from now, and investors expect that dividend to remain stable for the foreseeable future. At a discount rate of 12%, how should Henry Co.'s stock be valued? Please round your answer to the nearest penny

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Business Management: Henry co is expected to pay a dividend of 1350 one year

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Business Management: Henry co is expected to pay a dividend of 1350 one year

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