A firm is expected to pay a dividend of 295 next year


A firm is expected to pay a dividend of $2.95 next year. Financial analysts believe the stock will be at their price target of $115 in two years. Compute the value of this stock with a required return of 13.2 percent.

What is the value of the stock?

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Basic Statistics: A firm is expected to pay a dividend of 295 next year
Reference No:- TGS02456110

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