Question
8. A firm is expected to pay a dividend of $2.05 next year and $2.20 the following year. Financial analysts believe the stock will be
8.
| A firm is expected to pay a dividend of $2.05 next year and $2.20 the following year. Financial analysts believe the stock will be at their price target of $75 in two years. |
| Compute the value of this stock with a required return of 12.0 percent. (Round your answer to 2 decimal places.) |
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A Practical Guide To Quantitative Finance Interviews
Authors: Xinfeng Zhou
1st Edition
1735028800, 978-1735028804
