Tim owns one share of stock A and one share of stock B. In one year from today, the total value of his holdings is expected to be $144. Stock A is currently priced at $59.76 has an expected return of 5.40 percent and is expected to pay a dividend of $3.74 in one year from today. Stock B has an expected return on 12.03 percen and is expected to pay a dividend of $4.89 in one year from today. What is the price of stock B today?
Get Answers For Free
Most questions answered within 1 hours.