Question
You are considering the purchase of a stock with the following characteristics:the current price is $26 and you expect three annual dividends of $.40, $.50
You are considering the purchase of a stock with the following characteristics:the current price is $26 and you expect three annual dividends of $.40, $.50 and $.60, and at the end of three years you anticipate the stock will sell for $41.What is the AYTM of the stock?
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Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
12th edition
1259720683, 978-1259720680
