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Suppose ABC plc will pay a dividend of 55p at the end of this year and 75p per share next year. You expect ABCs stock
- Suppose ABC plc will pay a dividend of 55p at the end of this year and 75p per share next year. You expect ABCs stock price to be 500p in two years. If ABC cost of equity capital is 10%, what price would you be willing to pay for a share of ABC stock today if you planned to hold the stock for two years? (to the nearest penny)
- 525p
- 475p
- 495p
- 520p
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker
4th Edition
1284029867, 978-1284029864
