Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you find a stock that you believe will be worth $2

You find a stock that you believe will be worth $28.50 in one year. If...

60.1K

Verified Solution

Question

Finance

You find a stock that you believe will be worth $28.50 in one year. If you also expect that stock to pay a dividend of $.0.35 next year, what is the most you would be willing to pay for the stock now if you need an 11% return?

A. $25.68
B. $25.36
C. $25.33
D. $25.99

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

2. Why is it necessary to have so much of this chapter devoted to management training?...

General Management
Q

A procurement specialist has purchased 25 resistors from Vendor 1 and 35 resistors from Vendor 2....

Basic Math
Q

Show the Punnett square and the expected offspring and their proportions from the par given...

Biology
Q

PPLIED TO A SERIES LCR CIRCUIT 35 In the circuit shown in figure what will...

Physics
Q

Q 6 The coefficient of static friction between a car s tires and a level...

Physics
Q

oof Use an algebraic degree measure The measure

Calculus
Q

The following information relates to Perry Somers financial affairs in 2023. ...

Accounting
Q

& Your answer is partially correct. Prepare the plant assets section of Blue's balance sheet...

Accounting
Q

A baseball team records ticket revenue received in advance as Unearned Revenue. On the team's...

Accounting
Q

Harold Manufacturing produces denim clothing. This year, It produced 5,220 denim jeckets at a manufacturing...

Accounting
Q

The Hydride Division of Murdoch Corporation is an investment center. It has $4,000,000 of operating...

Accounting
Q

some accountants believe that deferred taxes should bot be recognized for certain temporary differences. what...

Accounting