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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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