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2.31 The accompanying diagram shows the anticipated cash dividends for Delta Electronics over the next four years. John is interested in buying some shares of
2.31 The accompanying diagram shows the anticipated cash dividends for Delta Electronics over the next four years. John is interested in buying some shares of this stock for a total of $1000 and will hold them for four years. If John's inter- est rate is known to be 12% compounded annually, what would be the desired (minimum) total selling price for the set of shares at the end of the fourth year? $120 $130 $100 $60 iul 2015 2016 2012 2013 2014 Years P = $1000
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