Question: solve using financial calculator In one year, Hitech Microdevices will pay a common stock dividend of $4.35. You predict that you will be able to

solve using financial calculator In one year, Hitech Microdevices will pay

solve using financial calculator

In one year, Hitech Microdevices will pay a common stock dividend of $4.35. You predict that you will be able to sell your Hitech stock for $57 per share after 1 year. If you require a rate of return of 16 percent on Hitech stock, how much would you be willing to pay now for a share of the stock? $49.14 $71.17 $53.49 $52.89 $45.39

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