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DerKrebs [107]
3 years ago
6

8-16 Value of Dividends and Future Price A firm is expected to pay a dividend of $2.05 next year and $2.35 the following year. F

inancial analysts believe the stock will be at their price target of $110 in two years. Compute the value of this stock with a required return of 12 percent.

Computers and Technology
1 answer:
IgorC [24]3 years ago
3 0

Answer:

$91.40

Explanation:

See attached picture.

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