Langley enterprises pays a constant dividend of 150 a share, Financial Management

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Langley enterprises pays a constant dividend of 150 a share

Langley Enterprises pays a constant dividend of $1.50 a share. The company announced today that it will continue to do this for another 2 years after which time it will discontinue paying dividends permanently. What is one share of this stock worth today if the required rate of return is 8 percent?

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Financial Management: Langley enterprises pays a constant dividend of 150 a share

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Financial Management: Langley enterprises pays a constant dividend of 150 a share

Reference No:- TGS01260030

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