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Apex stock is expected to pay a dividend of $7.34 in 1 year and a dividend of $6.63 in 2 years. The stock is expected
Apex stock is expected to pay a dividend of $7.34 in 1 year and a dividend of $6.63 in 2 years. The stock is expected to be priced at $80.92 in 1 year and at $83.07 in 2 years. What is the current price of Apex stock? The stocks dividend is paid annually and the next dividend is expected in 1 year. Round your answer to the nearest cent (for example, -123.45 or 98.76).
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