Finance Assignment | Professional Writing
May 20th, 2020
National Trucking has paid an annual dividend of $1.00 per share on its common stock for the past fifteen years and is expected to continue paying a dollar a share long into the future.
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Finance Assignment | Professional Writing
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Given this, one share of the firm’s stock is Select one: a. worth $1 a share in the current market b. priced the same as a $1 perpetuity c. equal in value to the present value of $1 paid one year from today d. worthless as it offers no growth potential
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