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Friendly Airlines stock is currently selling for $37.50 per share. If the stock does not pay a dividend and has a 12 percent expected return,
Friendly Airlines stock is currently selling for $37.50 per share. If the stock does not pay a dividend and has a 12 percent expected return, what is the expected price of the stock one year from today?
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Money Banking And Financial Markets
Authors: Stephen G. Cecchetti
1st Edition
0072452692, 9780072452693
