Jj industries will pay a regular dividend of 240 per share, Financial Management

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Jj industries will pay a regular dividend of 240 per share

JJ industries will pay a regular dividend of $2.40 per share for each of the next four years. At the end of the four years, the company will also pay out a $40 per share liquidating dividend, and the company will cease operations. If the discount rate is 10 percent, what is the current value of the company’s stock?

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Financial Management: Jj industries will pay a regular dividend of 240 per share

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Financial Management: Jj industries will pay a regular dividend of 240 per share

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