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Gen corp is expected to pay a dividend of 320 per year

Gen Corp. is expected to pay a dividend of $3.20 per year indefinitely. The appropriate rate of return on this stock is 12 percent per year, and the stock consistently goes ex-dividend 40 days before dividend payment date.

What will be the expected minimum price in light of the dividend payment logistics?

What will be the expected maximum price in light of the dividend payment logistics?

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Business Management: Gen corp is expected to pay a dividend of 320 per year

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Business Management: Gen corp is expected to pay a dividend of 320 per year

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