Take time corporation will pay a dividend of 365 per share


Take Time Corporation will pay a dividend of $3.65 per share next year. The company pledges to increase its dividend by 5.1 percent per year, indefinitely. If you require a return of 11 percent on your investment, how much will you pay for the company’s stock today?  Please explain.

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Financial Management: Take time corporation will pay a dividend of 365 per share
Reference No:- TGS02366648

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