Current forecasts are for xyz company to pay dividends of 2


Current forecasts are for XYZ Company to pay dividends of $2, $2.13, and $2.49 over the next three years, respectively. At the end of three years you anticipate selling your stock at a market price of $42.37. What is the price of the stock given a 15% expected return? a. $41.19 b. $20.54 c. $29.21 d. $32.85

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Financial Management: Current forecasts are for xyz company to pay dividends of 2
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