A share of stock is now selling for 130 it will pay a


A share of stock is now selling for $130. It will pay a dividend of $5 per share at the end of the year. Its beat is 1.

What do investors expect the stock to sell for at the end of the year?

Assume the risk-free rate is 5% and the expected rate of return on the market is 21%. (Round your answer to 2 decimal places.)

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Financial Management: A share of stock is now selling for 130 it will pay a
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