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Nabax owns 1 share of stock A and 1 share of stock B. In 1 year from today, the total value of his holdings is
Nabax owns 1 share of stock A and 1 share of stock B. In 1 year from today, the total value of his holdings is expected to be $147. Stock A is currently priced at $85.16, has an expected return of 6.40%, and is expected to pay a dividend of $3.14 in 1 year from today. Stock B has an expected return of 6.99% and is expected to pay a dividend of $5.37 in 1 year from today. What is the price of stock B today? Round your answer to the nearest cent (for example, -123.45 or 98.76). answer is not 57.73
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