Cass inc. stock today for $75.00. You forecast no dividend payment this year but two years from today, you expect a $10 dividend. You plan to sell the stock immediately after receiving the dividend. If you want a return of 15% on the investment, how much must your forecast of the stock price be two years from today?© BrainMass Inc. brainmass.com March 4, 2021, 7:37 pm ad1c9bdddf
This brief solution contains calculations to determine the PV and FV to find out the stock price after two years.