Hot wings inc has an all dividend policy if you require, Financial Management

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Hot wings inc has an all dividend policy if you require

Hot wings Inc. has an all dividend policy. The company has just paid a dividend of $11 per share and has announced that it would increase the dividend by nine dollars per share for each of the next four years, and then never pay another dividend. If you require return of 16% on the company stock how much will you pay for a share today?

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Financial Management: Hot wings inc has an all dividend policy if you require

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Financial Management: Hot wings inc has an all dividend policy if you require

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