You own 300 shares of Abco.The company has stated that it plans on issuing a dividend of £.60 a share one year from today and then issuing a final liquidating dividend of £2.20 a share two years from today.Your required rate of return is 9%.Ignoring taxes,what is the value of one share today?
A) £2.36
B) £2.40
C) £2.62
D) £2.80
E) £2.85
Correct Answer:
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