You invest $1,500 in a stock that makes a final payout in 7 years with no intermediate
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Question:
You invest $1,500 in a stock that makes a final payout in 7 years with no intermediate payments.
What is this expected final payoff from this security at the end of 7 years is if has an expected return is 4.5% per year (0+ decimals)?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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