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Author Question: Wayne Enterprises Inc. pays a regular annual dividend on its common shares which is expected to grow ... (Read 28 times)

tingc95

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on: Apr 25, 2021
Wayne Enterprises Inc. pays a regular annual dividend on its common shares which is expected to grow annually in perpetuity at the rate of 3%. Today is Dec 31 and Wayne pays its dividend on January 1 (tomorrow). Last year, the dividend was $0.75 per share. Ignoring settlement, taxes and other institutional issues, what is a fair price for the stock today if investors expect an annual return of 9%?
◦ $12.88
◦ $13.26
◦ $13.41
◦ $13.63
◦ $14.03
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by tingc95 on Apr 25, 2021

kristenb95

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tingc95

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Reply 2 on: Apr 25, 2021
Excellent

Jossy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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