Solved: Suppose that manisa co is currently not paying any, Macroeconomics

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Suppose that manisa co is currently not paying any

Suppose that Manisa Co. is currently not paying any dividends, but is is known that starting in four years (i.e. the first payment is four years from now), Manisa will begin paying $2 a share. The interest rate is 4%. What is the price today of Manisa Co. shares?

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Macroeconomics: Suppose that manisa co is currently not paying any

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Macroeconomics: Suppose that manisa co is currently not paying any

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