The Sly Fox pays a constant dividend of $1.46 a share. The company announced today that it will continue to pay the dividend for another two years and then in year 3 it will pay a final liquidating...


The Sly Fox pays a constant dividend of $1.46 a share. The company announced today that it will
continue to pay the dividend for another two years and then in year 3 it will pay a final liquidating
dividend of $15.25 a share. What is one share of this stock worth today at a required return of 18.5%?
Select one:
a. $11.44
b. $12.92
c. $14.20
d. $13.09
e. $12.07



Jun 06, 2022
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