2. The stock that is selling for GH¢12 today is expected to pay GH¢ 1 next year, GH_2 the year after and GH¢ 3 the follo
Posted: Mon Nov 15, 2021 5:03 pm
2. The stock that is selling for GH¢12 today is expected to pay GH¢ 1 next year, GH_2 the year after and GH¢ 3 the following year. How much are you expecting to sell it for after the third dividend if you buy it today? Your discount rate is 32%. (5 marks)