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At the end of year 3 it will pay a final liquidating

PT Boats plans to pay a $2.25 a share dividend at the end of each of the next 2 years. At the end of year 3, it will pay a final liquidating dividend of $15 a share. After that, the company plans to close its doors permanently. What is the current value of this at a discount rate of 15 percent?

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Finance Basics: At the end of year 3 it will pay a final liquidating

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Finance Basics: At the end of year 3 it will pay a final liquidating

Reference No:- TGS01396172

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