What is the price for a stock with an expected dividend and price next year of $0.25

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What is the price for a stock with an expected dividend and price next year of $0.25 and $90, respectively?

Use a 15% discount rate.IF Stock is selling at $80 in the market will you buy the stock if yes why? If No why not?

Related Book For answer-question

Fundamentals of Financial Management

ISBN: 978-0324597707

12th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Apr 10, 2023 01:25 AM

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What is the price for a stock with an expected dividend and price next year of $0.25

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To calculate the current price of the stock we can use the formula for the present value of a future ... View the full answer

Fundamentals of Financial Management

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