A for profit nursing home chain has paid a 4 per share, Financial Management

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A for profit nursing home chain has paid a 4 per share

A for profit nursing home chain has paid a $4 per share dividend for many years and expectations are the dividends will continue at that level for years to come. If investors require a 12 percent rate of return on investments with similar risk, what is the value of the company's stock?

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Financial Management: A for profit nursing home chain has paid a 4 per share

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