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The price of Biotechnology Nanotechnology (BINA) is currently $15 per share. The company pays no dividends. We expect the price three years from now
The price of Biotechnology Nanotechnology (BINA) is currently $15 per share. The company pays no dividends. We expect the price three years from now to be $35 per share. If our desired rate of return is 12%, would this be a potentially good buy? (Hint: What is the only model you can use with this information? How will you use it?)
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
