Business, 29.07.2020 21:01, andrew2217

Analysts are forecasting LifeTech Corporation's common stock price to be $120 at the end of one year. Also, LifeTech will pay a dividend of $2.60 one year from now. You plan to buy the stock now and sell at the end of one year. If you require a 13% return, what would you be willing to pay to buy the stock now

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Analysts are forecasting LifeTech Corporation's common stock price to be $120 at the end of one year...