Multiple Choice
The analysts predict that the price of corporation's XYZ stock one year from now will be $20. XYZ announced that is not going to pay dividends next year. You decide that you would be satisfied to earn a 10 percent on the investment on this stock, thus, this stock is worth ________ for you now.
A) $18.00
B) $18.18
C) $21.10
D) $21.00
Correct Answer:
Verified
Correct Answer:
Verified
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