Question
An investor plans to buy a share of stocktoday, which will be held for 1 year. The stock will pay a $ 1.75 dividend and
An investor plans to buy a share of stocktoday, which will be held for 1 year. The stock will pay a $ 1.75 dividend and should sell for $ 50. If the required return is 12%, how much should the investor pay for thestock?
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
