Question
The Price of Consolidated inc. is now 75. The company pays no dividends. Ms. B expects the price three years from now to be $100
The Price of Consolidated inc. is now 75. The company pays no dividends. Ms. B expects the price three years from now to be $100 per share. Should Ms. B buy Consolidated stock if she requires a 10% rate of return?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
