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If the required return is 22 percent what is the current

New Tours last annual dividend was $2 a share. The company plans to lower the dividend by $.30 each year for the next 3 years. In Year 5, it will pay a final liquidating dividend of $17 a share. If the required return is 22 percent, what is the current per share value of this stock?

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Finance Basics: If the required return is 22 percent what is the current

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Finance Basics: If the required return is 22 percent what is the current

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