You ask a stockbroker what the firm's research department expects for these three stocks. The broker responds
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Question:
You ask a stockbroker what the firm's research department expects for these three stocks. The broker responds with the following information:
Stock | Current Price | Expected Price | Expected Dividend |
U | 22 | 24 | 0.75 |
N | 48 | 51 | 2 |
D | 37 | 40 | 1.25 |
Calculate your estimated returns for the three stocks and indicate what actions you would take with regard to these stocks. Explain your decisions.
Related Book For
Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
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