Business, 20.01.2020 19:31 hail47

Erna company is expected to pay a dividend of $2.41 one year from today and $2.56 two years from today. the company's sales in two years are expected to be $15,450,000. the company has a ps ratio of 1.59 times, and 521,500 shares outstanding. if the required return on the company's stock is 10.4 percent, what is the current stock price? a. 5.52b. 4.28c. 38.65d. 42.93

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Erna company is expected to pay a dividend of $2.41 one year from today and $2.56 two years from tod...