Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 02 Oct 2017 My Price 4.00

Delta Electronic

The accompanying diagram shows the anticipated cash dividends for Delta Electronics over the next four years. John is interested in buying some shares of this stock for a total of $1000 and will hold them for four years. If John's interest rate is known to be 12% compounded annually, what would be the desired (minimum) total selling price for the set of shares at the end of the fourth year?

 

Answers

Maurice Tutor
(5)
Status NEW Posted 02 Oct 2017 04:10 PM My Price 4.00

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