Question
As of December 31, 2020, the expected return in 2021 for stock of Hoping-For-Vaccine (HFV), a manufacturer of passenger jet engines, is 8%. During 2021,
As of December 31, 2020, the expected return in 2021 for stock of Hoping-For-Vaccine (HFV), a manufacturer of passenger jet engines, is 8%. During 2021, a technological breakthrough in reducing the fuel consumption of HFV engines leads to a sudden increase of 16% in HFVs stock price. This technological breakthrough is the only unexpected news for HFV in 2021.
Question: What will be HFVs actual return in 2021? Please explain.
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Information Quality Assurance And Internal Control For Management Decision Making
Authors: William R Kinney
1st Edition
0256221618, 9780256221619
