A stock does not currently pay a dividend, but you expect to sell the stock for $96
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A stock does not currently pay a dividend, but you expect to sell the stock for $96 in 5 years. The required return is 6%. What is the value of the stock?
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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