Suppose an investor has $10,000 and wants to invest it in a stock with an expected return
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Suppose an investor has $10,000 and wants to invest it in a stock with an expected return of 10% per year. The investor wants to hold the stock for 5 years before selling it. The stock also pays an annual dividend of $1 per share, and the current stock price is $50 per share. How many shares should the investor buy, and what will be the total value of the investor's portfolio after 5 years?
Related Book For
Managerial Decision Modeling With Spreadsheets
ISBN: 9780136115830
3rd Edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
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