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Keidis Industries will pay a dividend of $5.05, $6.15, and $7.35 per share for each of the next three years, respectively. In four years, you

Keidis Industries will pay a dividend of $5.05, $6.15, and $7.35 per share for each of the next three years, respectively. In four years, you believe that the company will be acquired for $68.00 per share. The return on similar stocks is 11.2 percent. What is the current stock price? Multiple Choice $57.05 $59.33 $75.97 $64.88 $61.44
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Keidis industries will pay a dividend of $505,$615, and $7.35 per share for each of the next three years, respectively in four years, you believe that the company will be acquired for $6800 per share. The return on similar stocks is 112 percent. What is the current stock price? Muluple Choice $5705 $59.33 $7597 564 ea 56144

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