Question
You invest $1,500 in a stock that makes a final payout in 7 years with no intermediate payments. What is this expected final payoff from
You invest $1,500 in a stock that makes a final payout in 7 years with no intermediate payments.
What is this expected final payoff from this security at the end of 7 years is if has an expected return is 4.5% per year (0+ decimals)?
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
8th edition
77861620, 978-0077861629
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