1. Business
  2. Finance
  3. investors predict that cargo corporation stock will trade for 2936...

Question: investors predict that cargo corporation stock will trade for 2936...

Question details

Investors predict that Cargo Corporation stock will trade for $29.36 in one year. The company will not pay a dividend in the next year. If you desire a return of 20.00% on Cargo stock, how much are you willing to pay for a share today? Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here... Submit Answer
Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution