Last week railway cabooses paid its annual dividend of 120
Last week, Railway Cabooses paid its annual dividend of $1.20 per share. The company has been reducing the dividends by 10% each year. How much are you willing to pay to purchase stock in this company if your required rate of return is 14%?
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last week railway cabooses paid its annual dividend of 120 per share the company has been reducing the dividends by 10
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