Shares of Sudbury Nickel Inc. paying a quarterly dividend are to be offered at
$72.25
per share. If money is worth
7.3%
compounded monthly, what is the minimum quarterly dividend needed to make investment in such shares economically feasible? (Perpetuity-payment assumed forever) (3 marks)

Question

Shares of Sudbury Nickel Inc. paying a quarterly dividend are to be offered at

$72.25

per share. If money is worth

7.3%

compounded monthly, what is the minimum quarterly dividend needed to make investment in such shares economically feasible? (Perpetuity-payment assumed forever) (3 marks)

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