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Suppose the goddess tells you the following information about a stock: Year Dividend 2 $2 $4 3 She also tells you that the stock will
Suppose the goddess tells you the following information about a stock: Year Dividend 2 $2 $4 3 She also tells you that the stock will sell for $54 at three years from now. If you require a 13% return to invest in this stock, what do you expect the price of the stock to be one year from now (P+)? Answer to 2 decimal places, for example 49.12. You Answered 46.77 Correct Answer 47.19 margin of error +/- 0.1%
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