You have just purchased a share for $ 28.7. The company is expected to pay a dividend

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You have just purchased a share for $ 28.7. The company is expected to pay a dividend of $ 0.63 per share in exactly one year. If you want to earn a 9.6% return on yourinvestment, what price do you need if you expect to sell the share immediately after it pays thedividend?

The price one year from now should be ...............

Posted Date: May 18, 2024 08:15 PM

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You have just purchased a share for $ 28.7. The company is expected to pay a dividend

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