A stock currently sells for $30 per share and pays $1.00 per year in dividends. What is an investor's valuation of this stock if he expects it to be selling for $37 in one year and requires a 12 percent return on equity investments?
A) $38
B) $33.50
C) $34.50
D) $33.93
D
Business
You might also like to view...
Price changes of variable overhead items are easily controlled by production supervisors
Indicate whether the statement is true or false
Business
The marketing data is a repository of a variety of sales-oriented data, some of which result from recording sales events and some of which originate from activities that do not culminate in completed sales, such as presales activities.
Answer the following statement true (T) or false (F)
Business
Choose the correct word in parentheses. A number of runners (has, have) medals from the district championship
Business
This organization was established in 1995 to replace the GATT Treaty
A) ASEAN B) EEC C) NAFTA D) WTO
Business