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Constant dividend-return on your equity investments
Course:- Financial Management
Reference No.:- EM13811272




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Leslie's Unique Clothing Stores offers a common stock that pays an annual dividend of $2.10 a share. The company has promised to maintain a constant dividend. How much are you willing to pay for one share of this stock if you want to earn a 12.60 percent return on your equity investments?

$10.50

$26.46

$16.67

$6.00

$14.70




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