Determine what must happen to the price of ivanhoe inc today

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Question - You know that the price of Ivanhoe, Inc., stock will be $18 exactly one year from today. Today the price of the stock is $17. Determine what must happen to the price of Ivanhoe, Inc., today in order for an investor to generate a 20 percent return over the next year. Assume that Ivanhoe does not pay dividends.

Reference no: EM133188009

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