A stock current dividend is 100 and its expected dividend


A stock current dividend is $1.00 and its expected dividend is $1.10 next year. If the investor required rate of return is 15% and the stock is currently trading at $20.00. What is the implied expected price in one year?

A. 22.00

B. 21.90

 

C. 23.00

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Financial Management: A stock current dividend is 100 and its expected dividend
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