question archive The Manning Company’s stock is currently selling for $23
The Manning Company’s stock is currently selling for $23
Subject:FinancePrice: Bought3
The Manning Company’s stock is currently selling for $23. It has the following prospects for next year.Next Year’sStock PriceDividendProbability$25$1.000.25 30 1.600.50 35 2.000.25Calculate Manning’s expected return for a one-year holding period. Do not round intermediate calculations. Round the answer to two decimal places. %
