Question: Current Attempt in Progress Sandhill Incorporated has announced an annual dividend of $4.90. The firm has zero growth and the required rate of return for

 Current Attempt in Progress Sandhill Incorporated has announced an annual dividend

Current Attempt in Progress Sandhill Incorporated has announced an annual dividend of $4.90. The firm has zero growth and the required rate of return for this type of firm is 10 percent. Assuming that the ex-dividend date is January 20, calculate the expected stock price for Sandhill on January 19 and January 21. (Round answers to 2 decimal places, e.g. 45.15.) Stock Price January 19 $ January 21 $

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