Assume that investors required rate of return is 8 what, Financial Management

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Assume that investors required rate of return is 8 what

Intel Inc. does not currently pay dividends; however, investors expect that in four years, the firm will pay its first dividend of $2.50 per share. From that point onwards, the dividend is expected be $3 annually forever.

Assume that investors required rate of return is 8%. What should the price of Intel be today?

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Financial Management: Assume that investors required rate of return is 8 what

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Financial Management: Assume that investors required rate of return is 8 what

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