What cost ought to the stock offer 3 years henceforth

Reference no: EM13906672

the offer of a certain stock paid a profit of Rs.3.00 a year ago. The profit is anticipated that would develop at a steady rate of 8 percent later on. The obliged rate of return on this stock is thought to be 15 percent. How much ought to this stock offer for the time being? Accepting that the normal development rate and obliged rate of return remain the same, at what cost ought to the stock offer 3 years henceforth?

Reference no: EM13906672

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