2360 FALL2021 Time Left:2:37:33 Md Mutasim Billah Ruddro: Attempt 1 Question 29 (2 points) Mirage Construction Inc. rece
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2360 FALL2021 Time Left:2:37:33 Md Mutasim Billah Ruddro: Attempt 1 Question 29 (2 points) Mirage Construction Inc. rece
Question 29 (2 points) Mirage Construction Inc. recently paid an annual dividend of $1.71. The company expects to pay a dividend of $2.41 one year from today, after which dividends will grow at 2% per year forever. How much is one share of Mirage's stock worth today if the required rate of return is 11%? Please enter your answer with 2 decimal places. Do not use commas or units. Your Answer: Answer Chapter 2 and 3
2360 FALL2021 Time Left:2:37:33 Md Mutasim Billah Ruddro: Attempt 1