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Current forecasts are for XYZ Company to pay dividends of $0.37, $2.29, and $5.91 over the next three years, respectively. At the end of three
Current forecasts are for XYZ Company to pay dividends of $0.37, $2.29, and $5.91 over the next three years, respectively. At the end of three years you anticipate selling your stock at a market price of $70.58. What is the price of the stock given a 7% expected return?
A. 64.8
B. 55.6
C. 32.4
D. 89.3
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The Complete Guide To Capital Markets For Quantitative Professionals
Authors: Alex Kuznetsov
1st Edition
0071468293, 978-0071468299
