Ruby CO. just announced that it will commence paying annual dividends. it plans to pay $4.75 a year for four years, $4.2
Posted: Tue Nov 16, 2021 7:44 am
Ruby CO. just announced that it will commence paying annual
dividends. it plans to pay $4.75 a year for four years, $4.25 a
year for the following three years, and cease paying dividends
altogether. How much is one share of this stock worth to you today
if you require a 9% rate of return?
A. $23.01
B. 27.67
C. 29.32
D.25.15
dividends. it plans to pay $4.75 a year for four years, $4.25 a
year for the following three years, and cease paying dividends
altogether. How much is one share of this stock worth to you today
if you require a 9% rate of return?
A. $23.01
B. 27.67
C. 29.32
D.25.15