Question
A stock is expected to pay $2.73 per year in dividends. Assume an existing stockholder expects to sell the stock for $62.53 in one year
A stock is expected to pay $2.73 per year in dividends. Assume an existing stockholder expects to sell the stock for $62.53 in one year and requires 8.77% return on this stock investment.
What is the intrinsic value of this stock?
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis Gapenski
1st Edition
1567930905, 978-1567930900
