Question
1. What is the price of Indigo River Aviation stock expected to be in 3 years if it has an annual expected return of 17.11
1. What is the price of Indigo River Aviation stock expected to be in 3 years if it has an annual expected return of 17.11 percent, is expected to pay an annual dividend of 3.28 dollars in 2 years and an annual dividend of 1.99 dollars in 3 years, and is expected to be priced at 133.31 dollars in 2 years? The stock is expected to pay annual dividends forever.
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
11th Edition
0321357965, 978-0321357960
