ABC stock is expected to pay a dividend of $3.85 in 1 year. The stock is currently priced at $64.80, is expected to be priced
ABC stock is expected to pay a dividend of $3.85 in 1 year. The stock is currently priced at $64.80, is expected to be priced at $69.29 in 1 year, and is expected to be priced at $72.78 in 2 years. What is the dividend in 2 years expected to be for ABC stock? The stocks dividend is paid annually and the next dividend is expected in 1 year.
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Authors: David N Hyman
8th Edition
0324259700, 978-0324259704
