Old imbalance footwear inc stock pays 320share each year in


Old Imbalance Footwear, Inc., stock pays $3.20/share each year in dividends, with investors' required return equaling 10%. What is the price of a share of stock?

a. $320       b. $16         c. $32

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Financial Management: Old imbalance footwear inc stock pays 320share each year in
Reference No:- TGS01178395

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