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A Stock will pay dividends at time t be the value of this stock, at t = 0? 1 of $1.20 t is expected to
A Stock will pay dividends at time t be the value of this stock, at t = 0? 1 of $1.20 t is expected to grow at 10% as far as we can see into the future. If the appropriate discount rate for the risk of this stock is 20%, what should Note: The dividend of $1.20 is at t-1, not at t 0! $11.00 $12.00 $20.00 $10.00 $14.00
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