Deluxe company expects to pay a dividend of 2 per share at


Deluxe Company expects to pay a dividend of $2 per share at the end of year-1, $3 pers share at the end of year-2 and then be sold for $32 per share. If the required rate on the stock is 15%, what is the current value of the stock?

 

Request for Solution File

Ask an Expert for Answer!!
Corporate Finance: Deluxe company expects to pay a dividend of 2 per share at
Reference No:- TGS01297257

Expected delivery within 24 Hours