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papahomer papahomer
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Posts: 484
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7 years ago
If investor's expect a 15% rate of return on their investment, they will be indifferent between a $1.00 dividend received immediately or
A) $1.15 received at the end of the year.
B) $1.00 received later.
C) $0.87 received at the end of the year.
D) $1.00 increase in the stock price a year later.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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Answer verified by a subject expert
David_hessDavid_hess
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Posts: 729
7 years ago
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papahomer Author
wrote...

7 years ago
Thanks for your help!!
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
Smart ... Thanks!
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