Question
Problem 8-2 The stock of Sedly Inc. is expected to pay the following dividends. Year 1 2 3 4 Dividend $2.35 $3.50 $1.80 $2.00 At
Problem 8-2
The stock of Sedly Inc. is expected to pay the following dividends. Year 1 2 3 4 Dividend $2.35 $3.50 $1.80 $2.00 At the end of the fourth year its value is expected to be $37.40. What should Sedly sell for today if the return on stocks of similar risk is 11.892%? Round PVF values in intermediate calcualtions to four decimal places.
Round the answer to two decimal places. $
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis Gapenski
1st Edition
1567930905, 978-1567930900
