Question
An investor has examined Target stock and makes the following predictions for the future: YEAR 1 2 3 4 DIVIDEND $1.02 $1.25 $1.63 $1.79 The
An investor has examined Target stock and makes the following predictions for the future:
| YEAR | 1 | 2 | 3 | 4 |
|---|---|---|---|---|
| DIVIDEND | $1.02 | $1.25 | $1.63 | $1.79 |
The investor believes the selling price in four years will be $86.05. The price of Target stock this morning is $71.91. What return will the investor earn if he is correct about future dividends and selling price?
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Victorian Literature And Finance
Authors: Francis O'Gorman
1st Edition
0199281920, 978-0199281923
