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The dividend on Simple Motors common stock will be OMR3 in 1 year, OMR4.25 in 2 years, and OMR6.00 in3 years. You can sell the
The dividend on Simple Motors common stock will be OMR3 in 1 year, OMR4.25 in 2 years, and OMR6.00 in3 years. You can sell the stock for OMR100 in 3 years. If you require a 12% return on your investment, how much would you be willing to pay for a share of this stock today? U Select one: a OMR91.30 b. OMR85.66 O COMR75 45 od OMR77.24 le OMR81.52 Clear my choice All else the same if interest rates fall, then
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