The last dividend paid on Minsky Corp. stock was $3 per share. If Mins

The last dividend paid on Minsky Corp. stock was $3 per share. If Minsky investors require a 10% return, what should the share price be if the dividend payments are not expected to change?

A) $3
B) $300
C) $33
D) $30
E) $40

 

 

ANSWER

D

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