Dividend on its stock, Merton Enterprises pays a constant

Dividend on its stock

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Reference no: EM13922994

Merton Enterprises pays a constant $5 dividend on its stock. The company will maintain this dividend for the next 10 years and then cease paying dividends forever, if your required rate of return is 8 percent, what is the value of this stock?

Reference no: EM13922994

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