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What is the expected stock price for ECC at the END of 2020? hgfbiijnn Assume today is Dec. 31st, 2020 and you observe that ECC
What is the expected stock price for ECC at the END of 2020?
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Assume today is Dec. 31st, 2020 and you observe that ECC Company's current stock price is $120. Analysts forecast that ECC's next dividend, to be paid at year-end of 2021, will be $2.50. You also find the following historic annual returns of the company's stock for the last 4 years. 2017 2018 2019 2020 ECC's Returns +50% +40% -10% -7% Assume today is Dec. 31st, 2020 and you observe that ECC Company's current stock price is $120. Analysts forecast that ECC's next dividend, to be paid at year-end of 2021, will be $2.50. You also find the following historic annual returns of the company's stock for the last 4 years. 2017 2018 2019 2020 ECC's Returns +50% +40% -10% -7%Step by Step Solution
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