Betty is contemplating purchasing shares in Daily Bugle Corp and holding them for 2 years, at which time she will sell them. The market price of these shares is expected to be $36.50 in two years (after the second dividend)
The next two annual dividends are expected to be: D1=$1.00 and D2=$1.20. The first dividend will be paid on one year and the second in two years. Betty requires a return of 11%. What is the maximum price Betty is willing to pay for shares in this company?
A) $30.53
B) $30.60
C) $31.33
D) $31.50
E) $31.99
D
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Mary purchases ten shares of stock in the Oceanview Retirement Corporation, entitling her to a proprietary lease on apartment 428 and use of the common elements. This is an example of:
A. Condominium ownership. B. Cooperative ownership. C. A fee simple estate. D. A land syndication.
What should be done before responding to comments made on social media sites?
A) Use an automated reputation analysis to better gauge consumer reaction. B) Respond based on a predetermined public relations plan. C) Evaluate the source, the tone and the content, and then choose a response that fits. D) Use anonymous responses to counteract the negative information, and then post a company response that supports the anonymous response. E) Contact the writer privately to determine the real source of discontent, and then post an appropriate response.