Melissa Cutt is thinking about buying some shares of EZLawn Equipment, at $ 46.26 per share. She expects the price of the stock to rise to $ 48.34 over the next 3 years. During that time she also expects to receive annual dividends of $ 5.59 per share.
a. What is the intrinsic worth of this stock, given a required rate of return of 11%?
b. What is its expected return?
Get Answers For Free
Most questions answered within 1 hours.