Multiple Choice
A Ltd is currently paying a dividend of 90 cents per share.Assume that the investors expect this dividend to be maintained indefinitely and that they require a return of 15% on the investment.What is the value of A's shares?
A) $0.14
B) $16.66
C) $6.00
D) $1.05
Correct Answer:
Verified
Correct Answer:
Verified
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