If Amime bugs a share of Eticalat stock today. - he will be able to sell it in 3 years for $50. - he will receive a $1 dividend at the end of ench of those 3 yeare.  If the prevailing interest rate is 10% , what is the value of a share of Etisalat stock today?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
Section: Chapter Questions
Problem 2P
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If Amime bugs a share of Eticalat stock today.

- he will be able to sell it in 3 years for $50.
- he will receive a $1 dividend at the end of ench of those 3 yeare. 

If the prevailing interest rate is 10% , what is the value of a share of Etisalat stock today?

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