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A8. (One-period dividend discount model) Mead is expected to pay a $1.40 dividend in the next year and to sell for $68.00 in one year

A8. (One-period dividend discount model) Mead is expected to pay a $1.40 dividend in the next year and to sell for $68.00 in one year

Corporate Financial Management, Third Edition –
Chapter 5 - A8. (One-period dividend discount model) Mead is- Solutions in excel

LEVEL A (BASIC)
A8. (One-period dividend discount model) Mead is expected to pay a $1.40 dividend in the next year and to sell for $68.00 in one year. Discounted at a required return of 12%, what is the value of one share of Mead today?