Question
Alice buys H companys stock at a purchase price of 120 yuan, and expects to sell it in one year, and hopes that the return
Alice buys H companys stock at a purchase price of 120 yuan, and expects to sell it in one year, and hopes that the return on investment will reach 15%. It is known that H company will pay a cash dividend of 6 yuan in one year:
(1) What is the dividend yield?
(2) At what price should Alice sell in order to achieve the return on investment target?
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Real Estate Finance And Investment
Authors: Terrence M. Clauretie, G. Stacy Sirmans
8th Edition
1629809942, 9781629809946
