You expect the share price of Mimi plc to be worth $90 in one year's time. Furthermore, you predict that Mimi plc will pay a $10 per share dividend at the end of the year. If you require a 20% return on your investment, what is the most you would pay for the equity today?

Answer rating: 100% (QA)

To calculate the present value of the equity today you can use ... View the full answer