Question
Keidis Industries will pay a dividend of $3.55, $4.65, and$5.85 per share for each of the next three years, respectively. In four years, you believe
Keidis Industries will pay a dividend of $3.55, $4.65, and$5.85 per share for each of the next three years, respectively. In four years, you believe that the company will be acquired for $53.00 per share. The return on similar stocks is 9.9 percent. What is the current stock price?
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Management Science The Art Of Modeling With Spreadsheets
Authors: Stephen G. Powell, Kenneth R. Baker
3rd Edition
0470530677, 978-0470530672
