Illustrate what is a share worth

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Q. Let’s say the Mill Due Corporation is expected to pay a dividend of $5.00 per year on its common stock forever into the future. It has no growth prospects illustrate whatsoever. If the required return on Mill Due’s common stock is 14%, illustrate what is a share worth?

Q. Explain how a niche player "chips away" at a competitor's base. Give three examples of retailer who have done this.

Reference no: EM13109337

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