What is one share of this stock worth to you today

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Reference no: EM131984806

Sharpe General Stores is declining so it has announced that it will pay annual dividends of $.80, $.50, and $.50 over the next three years, respectively.

The following year, the firm will close and pay a final dividend of $13.80 a share. If you have a required return of 14.5 percent, what is one share of this stock worth to you today?

Reference no: EM131984806

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