Multiple Choice
You expect a share of EconNews.com to sell for $65 a year from now and to pay a $2 dividend per share in one year.What should you pay (rounded to the nearest dollar) for the stock today if you require a 4% return?
A) $60.
B) $62.
C) $64.
D) $67.
E) $70.
Correct Answer:
Verified
Correct Answer:
Verified
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