Question
What is the dividend on a stock expected to be in 3 years if the dividend is expected to be annually beginning in one year,
What is the dividend on a stock expected to be in 3 years if the dividend is expected to be annually beginning in one year, the expected rate of return is 1.0% per year, the dividend is expected to remain unchanged forever, and the stock is currently priced at $52.05? (Round to the nearest cent)
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Entrepreneurial Finance
Authors: Philip J. Adelman, Alan M. Marks
4th Edition
0132434792, 9780132434799
