Dietterich Electronics wants its shareholders to earn a return of 13% on their investment in the company. At what price

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Dietterich Electronics wants its shareholders to earn a return of 13% on their investment in the company. At what price

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Dietterich Electronics Wants Its Shareholders To Earn A Return Of 13 On Their Investment In The Company At What Price 1
Dietterich Electronics Wants Its Shareholders To Earn A Return Of 13 On Their Investment In The Company At What Price 1 (148.91 KiB) Viewed 26 times
Dietterich Electronics wants its shareholders to earn a return of 13% on their investment in the company. At what price would the stock need to be priced today if Dietterich Electronics had a a. $0.30 constant annual dividend forever? b. $0.80 constant annual dividend forever? c. $1.70 constant annual dividend forever? d. $3.00 constant annual dividend forever? ... a. The value of the stock for an investor who wants a return of 13% with a constant annual dividend of $0.30 forever is: (Round to the nearest cent.) $
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