The company just paid an annual dividend of 362 but


JTL is a mature manufacturing firm. The company just paid an annual dividend of $3.62, but mamagement expects to reduce future payouts by 3.5 percent per year, indefinitely. What is this stock worth today at a required return of 12.5 percent?

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Chemistry: The company just paid an annual dividend of 362 but
Reference No:- TGS02753655

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