Question
You are considering investing in a common stock of SSC. You are planning to hold it for 1 year. You expect to receive both
You are considering investing in a common stock of SSC. You are planning to hold it for 1 year. You expect to receive both $1.4 in dividends and $31 from the sale of the share at the end of the year. The maximum price you would pay for a share today is if you require a 9.8% return. Round your answer to two decimal places and enter it without the dollar sign.
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
6th Canadian edition
1259024962, 978-1259024962
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