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Sang owns 1 share of stock A and 1 share of stock B. In 1 year from today, the total value of his holdings is
Sang 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 167.45 dollars. Stock A is currently priced at 85.92 dollars, has an expected return of 5.1 percent, and is expected to pay a dividend of 6.47 dollars in 1 year from today. Stock B is currently priced at 78.48 dollars and has an expected return of 11.65 percent. What is the amount of the annual dividend that stock B is expected to pay in 1 year from today?
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