Question
A share of AAA pays a dividend of $4 in every year, beginning one year from today. The interest rate is 5%. Using the dividend/sales
A share of AAA pays a dividend of $4 in every year, beginning one year from today. The interest rate is 5%. Using the dividend/sales approach, what should be the price of AAA today? Choose the nearest answer.
A 80 B 3.8 C 125 D 4.2
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Personal Finance
Authors: Jack Kapoor, Les R. Dlabay, Robert J. Hughes
2nd Edition
0256079056, 9780256079050
