question archive The share of XYZ company is expected to distribute 2$ dividend a year from now, 3
Subject:FinancePrice:2.86 Bought3
The share of XYZ company is expected to distribute 2$ dividend a year from now, 3.5$ dividend 2 years from now and 4.5$ dividend 3 years from now. It is also expected that the share price will be equal to 60$ at the year 3. If the required rate of return on this share is 12%, what is the price right now?
Purchased 3 times