Calculating stock correct price
Question: Is the following common stock priced correctly? If no, what is the right price?
Price = $26.25
Required rate of return = 13%
Dividend year 0 = $2.00
Dividend year 1 =$2.10
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If 10,000 units were completed in the period, how many units were begun in cutting department?
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Is the following common stock priced correctly? If no, what is the right price?
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