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katovenus [111]
3 years ago
11

Peterson Packaging Inc. does not currently pay dividends. The company will start with a ​$0.70 dividend at the end of year three

and grow it by 10​% for each of the next six years. After six years of​ growth, it will fix its dividend at ​$1.36 forever. If you want a 15​% return on this​ stock, what should you pay today given this future dividend​ stream?
Mathematics
1 answer:
charle [14.2K]3 years ago
5 0
$1.40 because I think so
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Answer:

x = 30

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10% fat = 0.1x

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120 grams of 20% fat = 0.2 * 120

What we want is mixture of 18%

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0.1x + 0.2 * 120 = 0.18 (x + 120)

Solve:

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Which problem can be solved using the expression 1/3÷1/4 ?
BabaBlast [244]

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