Multiple Choice
Which of the following values is closest to the amount that should be paid for a share that will pay a dividend of €10 in one year and €11 in two years? The share will be sold in 2 years for an estimated price of €120.The appropriate discount rate is 9%.
A) €114.60
B) €119.43
C) €124.20
D) €129.50
E) €138.75
Correct Answer:
Verified
Correct Answer:
Verified
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