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At the end of the four years the company will also pay out

JJ Industries will pay a regular dividend of $2.9 per share for each of the next four years. At the end of the four years, the company will also pay out a liquidating dividend. If the discount rate is 12 percent, and the current share price is $75. what must the liquidating dividend be?

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Finance Basics: At the end of the four years the company will also pay out

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