You Expect a Share of EconNews

question 152

Multiple Choice

You expect a share of EconNews.Com to sell for $65 a year from now.If you are willing to pay $65.74 for one share of the stock today, and you require a return of 8%, what dividend payment must you expect to receive from the stock?

• A)$4.46
• B)$5.20
• C)$6.00
• D)$9.25