Three Corners Markets just paid an annual dividend of $1.42…
Three Corners Markets just paid an annual dividend of $1.42 a share last month. Today, the company announced that future dividends will be increasing by 1.3 percent annually. If you require a return of 14.6 percent, how much are you willing to pay to purchase one share of this stock today? You may use the following Excel workbook for your calculations. Any work in Excel or on scrap paper does not have to be submitted. Blank Workbook.xlsx