question archive Let suppose that a share of OGDCL had a closing price yesterday of $105, but new earning information was announced after the market closed that caused a revision in the forecast of the price for next year to go to $125
Let suppose that a share of OGDCL had a closing price yesterday of $105, but new earning information was announced after the market closed that caused a revision in the forecast of the price for next year to go to $125
Subject:FinancePrice:2.86 Bought11
Let suppose that a share of OGDCL had a closing price yesterday of $105, but new earning information was announced after the market closed that caused a revision in the forecast of the
price for next year to go to $125. If the annual equilibrium return on OGDCL is 15%, what does the efficient market hypothesis indicate the price will go to today when the market opens. Solve for new price (Assume that OGDCL pays $15 dividend per share.)
