A stock's current dividend is $1.00 and its expected dividend is $1.10 next year. If the investor's
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A stock's current dividend is $1.00 and its expected dividend is $1.10 next year. If the investor's required rate of return is 15% and the stock is currently trading at $20.00, what is the implied expected price in one year?
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Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date: