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Other Fields Homework Help Business Topic started by: stranahan on Nov 16, 2016



Title: You want to invest in a stock that pays $6.00 annual cash dividends for the next five years. At the ...
Post by: stranahan on Nov 16, 2016
You want to invest in a stock that pays $6.00 annual cash dividends for the next five years. At the end of the five years, you will sell the stock for $30.00. If you want to earn 10% on this investment, what is a fair price for this stock if you buy it today?
A) $40.37
B) $41.37
C) $22.75
D) $18.63


Title: Re: You want to invest in a stock that pays $6.00 annual cash dividends for the next five years. At ...
Post by: crackerspoppy on Nov 16, 2016
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Title: Re: You want to invest in a stock that pays $6.00 annual cash dividends for the next five years. At the ...
Post by: stranahan on Jan 6, 2017
Thanks ^-^