Multiple Choice
The analysts predict that the price of corporation's XYZ stock one year from now will be $120. XYZ announced that is not going to pay dividends next year. You decide that you would be satisfied to earn a 12 percent on the investment on this stock, thus, this stock is worth ________ for you now.
A) $100.20
B) $108.80
C) $107.14
D) $132.00
Correct Answer:
Verified
Correct Answer:
Verified
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