Question
It is January and you are considering purchasing Marigo Ltd's ordinary shares at the current price $50 per share and then selling them at the
It is January and you are considering purchasing Marigo Ltd's ordinary shares at the current price $50 per share and then selling them at the end of December just after the annual dividend(expected to be $6) is paid. How much will the company's ordinary share price have to appreciate by the end of December for you to earn your required rate of return of 15%?
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International Financial Management
Authors: Geert Bekaert, Robert Hodrick
3rd edition
1107111820, 110711182X, 978-1107111820
