Multiple Choice
Can't Hold Me Back is preparing to pay its first dividends.It is going to pay €1.00, €2.50, and €5.00 a share over the next three years, respectively.After that, the company has stated that the annual dividend will be €1.25 per share indefinitely.What is this equity worth to you per share if you demand a 7% rate of return?
A) €7.20
B) €14.48
C) €18.88
D) €21.78
E) €25.06
Correct Answer:

Verified
Correct Answer:
Verified
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