What must the stock sell for in one year to give you the


Old School Corporation stock currently trades at $20.29 in the secondary market. Investors would like a 18.00% return to hold the stock in the upcoming year. If the stock is expected to pay a $1.82 dividend next year, what must the stock sell for in one year to give you the desired return?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What must the stock sell for in one year to give you the
Reference No:- TGS02843691

Expected delivery within 24 Hours