Question
Question 21 The price of a nil dividend paying share is Shs 200, and there are 30% chances that it would be Shs 190 and
Question 21
The price of a nil dividend paying share is Shs 200, and there are 30% chances that it would be Shs 190 and 70% chances that it would be Shs Y in two years time. If the expected annual rate of return is 7% per annum, the value of Y is:
Select one:
A. Shs 265.70
B. Shs 204.30
C. Shs 327.10
D. Shs 210.00
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College Mathematics For Business Economics, Life Sciences, And Social Sciences
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
14th Edition
0134674146, 978-0134674148
