Question
A stock is currently priced at $91.30. In one year it is expected to pay a dividend and be priced at $95.35. If the stock's
A stock is currently priced at $91.30. In one year it is expected to pay a dividend and be priced at $95.35. If the stock's return is 5.20%, then what is the dividend expected to be in one year? (Round to the nearest cent)
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
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