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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

Posted: Thu Dec 23, 2021 9:03 am
by answerhappygod
2360 Fall2021 Time Left 2 37 33 Md Mutasim Billah Ruddro Attempt 1 Question 29 2 Points Mirage Construction Inc Rece 1
2360 Fall2021 Time Left 2 37 33 Md Mutasim Billah Ruddro Attempt 1 Question 29 2 Points Mirage Construction Inc Rece 1 (336.05 KiB) Viewed 61 times
2360 FALL2021 Time Left:2:37:33 Md Mutasim Billah Ruddro: Attempt 1 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