Last week, Railway Tours paid its annual dividend of $1.20 per sh

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Last week, Railway Tours paid its annual dividend of $1.20 per share. The company has been

Last week, Railway Tours paid its annual dividend of $1.20 per share. The company has been reducing the dividends by 10 percent each year. What is the value of this stock at a discount rate of 13 percent?
$27.00
$36.00
$3.71
$4.70
$8.31

2.Alpha Industries is going to pay $.35, $.50, and $.80 a share over the next three years, respectively. After that, the company has stated that the annual dividend will be $1.25 per share indefinitely. What is this stock worth today at a discount rate of 13.45 percent?
$5.06
$6.20
$10.88
$7.61
$9.48

Rosa Parks 08-Nov-2017

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Last week, Railway Tours paid its annual dividend of $1.20 per share. The company has been

Last week, Railway Tours paid its annual dividend of $1.20 per share. The company has been

Answer (UnSolved)

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