The dividend on simple motors common stock will be 3 in 1


The dividend on Simple Motors common stock will be $3 in 1 year, $4.25 in 2 years, and $6.00 in 3 years. You can sell the stock, after you receive the dividend, for $108 at the end of 3 years. If you require a 14% return on your investment, how much would you be willing to pay for a share of this stock today

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Business Management: The dividend on simple motors common stock will be 3 in 1
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