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Lori, BNY Mellon Financial Analyst, estimates that DraftKings Inc (DKNG) will pay a $2.14 dividend next year and that it will sell for $14.74 at
Lori, BNY Mellon Financial Analyst, estimates that DraftKings Inc (DKNG) will pay a $2.14 dividend next year and that it will sell for $14.74 at year-end. If the required rate of return is 10.55%, the value of the stock is closest to
A.
$13.33.
B.
$15.27.
C.
$16.88.
D.
$18.66.
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