What will be the expected maximum price in light logistics

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Reference no: EM131959670

JEN Corp. is expected to pay a dividend of $4.25 per year indefinitely.

If the appropriate rate of return on this stock is 11 percent per year, and the stock consistently goes ex-dividend 30 days before dividend payment date, what will be the expected maximum price in light of the dividend payment logistics?

Reference no: EM131959670

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