Question: This is the question in full, there is no missing information Example: ItzaPizza shareholders expect dividends next month (DIV1) to be $10. They estimate re

This is the question in full, there is no missing information
Example: ItzaPizza shareholders expect dividends next month (DIV1) to be $10. They estimate re = 0.15 and g = 0.05. Today is January 1, 2019. On February 1, Pizzeria Uno's board of directors meets and decides to take over ItzaPizza by bidding $180/share on April 1. They decide to publicly announce their take-over bid on March 1. ItzaPizza Stock price Semi-strong form Strong form January 1 February 1 March 1 April 1 Example: ItzaPizza shareholders expect dividends next month (DIV1) to be $10. They estimate re = 0.15 and g = 0.05. Today is January 1, 2019. On February 1, Pizzeria Uno's board of directors meets and decides to take over ItzaPizza by bidding $180/share on April 1. They decide to publicly announce their take-over bid on March 1. ItzaPizza Stock price Semi-strong form Strong form January 1 February 1 March 1 April 1
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