What is the current value of stock given a discount rate

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Reference no: EM131307792

"Lakeside Sheet Metal is downsizing and plans on completely closing 3 years from now. The firm's liquidation plan calls for annual dividends of $3, $6, and $36 over the next 3 years, respectively. What is the current value of this stock given a discount rate of 14 percent?"

$26.94

$27.16

$28.46

$31.50

$36.29

Reference no: EM131307792

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