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You want to invest in the stock market the money you havent spent at restaurants during the pandemic. Your financial advisor recommends buying stock in
You want to invest in the stock market the money you havent spent at restaurants during the pandemic. Your financial advisor recommends buying stock in Roblox Corporation, a young firm with strong growth prospects. Analysts expect Roblox stock to pay its first dividend of $3 per share six years from now; they also expect dividends to grow at a 5% annual rate into perpetuity. At present you can earn an annual return of 8% on money invested today. What will the value of Roblox stock be five years from today
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