Reducing the dividends, Revelation Co. just paid its annual

Reducing the dividends

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Reference no: EM131054712

Revelation Co. just paid its annual dividend of $3.3 per share. The company has been reducing the dividends by 9.4 percent each year. How much are you willing to pay today to purchase stock in this company if your required rate of return is 14.8 percent?

Reference no: EM131054712

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