Cyclops Visor Corporation just issued dividends of P25.00 for a share of its common stocks. The current price of a share is P800.00. If a Cyclops stock has an annual growth rate of 10%, determine its market value after three years for an investor to realize a 20% rate of return. (Ans. P1273.25/share)
Cyclops Visor Corporation just issued dividends of P25.00 for a share of its common stocks. The current price of a share is P800.00. If a Cyclops stock has an annual growth rate of 10%, determine its market value after three years for an investor to realize a 20% rate of return. (Ans. P1273.25/share)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Cyclops Visor Corporation just issued dividends of P25.00 for a share of its common stocks. The current price of a share is P800.00. If a Cyclops stock has an annual growth rate of 10%, determine its market value after three years for an investor to realize a 20%
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