Calculate the price today of manisa corporation shares


Assume that Manisa Corporation is currently not paying any dividends, but is known that starting in the 4 years (i.e. the first payment is four years from now), Manisa will begin paying $2 a share. The interest rate is 4%. Calculate the price today of Manisa Corporation shares? 

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Macroeconomics: Calculate the price today of manisa corporation shares
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