Question
Suppose you want to buy a stock, which will pay $1.5 dividend in next year, price of this stock will be $52 in next year.
Suppose you want to buy a stock, which will pay $1.5 dividend in next year, price of this stock will be $52 in next year. How much are you willing to pay for this stock today if your required rate for investment is 11%?
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Financial Management Theory And Practice
Authors: Prasanna Chandra
11th Edition
9355322208, 978-9355322203
