Question
Ricky Bobby Incorporated stock is selling for $15.95 this morning. Analysts believe the stock will sell for $17.05 in one year. The stock is expected
Ricky Bobby Incorporated stock is selling for $15.95 this morning. Analysts believe the stock will sell for $17.05 in one year. The stock is expected to pay a $0.44 dividend per share next year.
A) What return will you earn if you purchase now?
B) What capital gain yield will you earn in the next year if you purchase today?
C) What dividend yield will you earn in the next year if you purchase today?
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Principles Of Finance With Excel
Authors: Simon Benninga
2nd Edition
0199755477, 9780199755479
