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Title: Gout Shoes Inc pays dividends annually and has an active share repurchase program. Gout makes all of ...
Post by: a.nicole on Apr 26, 2021
Gout Shoes Inc pays dividends annually and has an active share repurchase program. Gout makes all of its payouts at the end of each year and its year-end was yesterday. Today, Gout's share price is $34.33 and there are 100 million shares outstanding. Shareholders require a return of 9% and analysts expect Gout's payouts to grow in perpetuity at an annual rate of 3%. What are next year's total payouts?

▸ $202 million

▸ $203 million

▸ $204 million

▸ $205 million

▸ $206 million


Title: Gout Shoes Inc pays dividends annually and has an active share repurchase program. Gout makes all of ...
Post by: drea422 on Apr 26, 2021
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