A stock is expected to pay a dividend of $3.8 in two years and a $3.4 in three years. You are hoping that you
A stock is expected to pay a dividend of $3.8 in two years and a $3.4 in three years. You are hoping that you can sell it for $119 at that time. If the required return is 10.2%, what is the stock's value?
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Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
