What would you pay for a share of abc corporation stock


What would you pay for a share of ABC Corporation stock today if the next dividend will be $3 per share, your required return on equity investments is 15%, and the stock is expected to be worth $90 one year from now? Hint: PV = FV/(1+r)t

A. $78.26

B. $80.87

C. $82.56

D. $90.00

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What would you pay for a share of abc corporation stock
Reference No:- TGS01086428

Expected delivery within 24 Hours