Determine the maximum amount


Capello's Deli traditionally pays annual dividend of $1.61 for each share. The firm is projecting dividends of $1.8 and $2.17 over the next two years, respectively. After that, the company expects to pay the constant dividend of $2.52 a share. Determine the maximum amount you are willing to pay for one share of this stock if your required return is 10.75 percent?

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Finance Basics: Determine the maximum amount
Reference No:- TGS0875170

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