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Question 22 (1 point) The David Burnie Corporation paid an annual dividend of $4.80 per share of common stock one day ag
Posted: Fri Jul 01, 2022 7:41 am
by answerhappygod
- Question 22 1 Point The David Burnie Corporation Paid An Annual Dividend Of 4 80 Per Share Of Common Stock One Day Ag 1 (42.17 KiB) Viewed 34 times
Question 22 (1 point) The David Burnie Corporation paid an annual dividend of $4.80 per share of common stock one day ago. Industry analysts forecast an annual growth rate of 6 percent forever. Given the risk level for this stock, a 12 percent discount rate is required. How much is this stock worth today? $100 $80.00 $42.40 $40.00 $84.80