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Terrier Pretzels (TPZ) is expected to pay a dividend of $1.25 in one year and a dividend of $2.00 in two years. In two years,
Terrier Pretzels (TPZ) is expected to pay a dividend of $1.25 in one year and a dividend of $2.00 in two years. In two years, the stock is expected to sell for $80 right after it pays the $2.00 dividend. If TPzS's equity cost of capital is 15%, what price would you expect to pay for a share of GMTS's stock today? 1 (round to the nearest cent: $x.xx) Answers 1-1 1. Please enter a numeric value
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