An investor has examined ABC stock and makes the following predictions for the future: YEAR 1 2 3 4 Dividends $1.25 $1.50 $1.50 $1.50 Selling
An investor has examined ABC stock and makes the following predictions for the future:
YEAR 1 2 3 4
Dividends $1.25 $1.50 $1.50 $1.50
Selling Price $75.00
If the investor wants a 11% return to hold the stock, what intrinsic value does the investor put on ABC today?
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Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
