8-6B. (Common stock valuation) You intend to purchase Barna, Inc., common stock at $52.75 per share, hold

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8-6B. (Common stock valuation) You intend to purchase Barna, Inc., common stock at $52.75 per share, hold it one year, and sell after a dividend of $6.50 is paid. How much will the stock price have to appreciate if your required rate of return is 16 percent?

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Financial Management Principles And Applications

ISBN: 9780131450653

10th Edition

Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.

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