Business, 30.03.2020 19:05 Jacobolobo7

Company X has 100 shares outstanding. It earns $1,000 per year and expects to pay all of it as dividends. If the firm expects to maintain this dividend forever, calculate the stock price after the dividend payment. (The required rate of return is 10 percent.)

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Company X has 100 shares outstanding. It earns $1,000 per year and expects to pay all of it as divid...

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