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Indigo River Consulting stock pays quarterly dividends and has an expected annual return of 9.12 percent. The stock is expected to have a price of
Indigo River Consulting stock pays quarterly dividends and has an expected annual return of 9.12 percent. The stock is expected to have a price of 76.42 dollars in 3 months from today and is expected to have a price of 76.82 dollars in 6 months from today. What is the current price of Indigo River Consulting stock if the firm is expected to pay quarterly dividends forever and the quarterly dividend in 3 months from today is expected to be 2.72 dollars?
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