Multiple Choice
Q-Tel Corporation's dividends in year 1 and 2 are expected to be $2 and $3 respectively. Year 2's stock price is expected to be $25 per share. If the investor's return is 12%, determine the stock price now.
A) $22.58
B) $23.14
C) $23.68
D) $24.11
E) $24.89
Correct Answer:
Verified
Correct Answer:
Verified
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