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Please answer all parts Please show all work including charts where required. Please just try to answer the question completely and accurately. 3. The dividend
Please answer all parts
Please show all work including charts where required.
Please just try to answer the question completely and accurately.
3. The dividend on Simple Motors common stock will be $2 in 1 year, $3.50 in 2 years, and $5.00 in 3 years. You can sell the stock for $75 in 3 years. If you require a 10% return on your investment, how much would you be willing to pay for a share of this stock today? A) $59.69 B) $64.65 C) $64.82 D) $65.66 E) $71.30
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