Question 1 FLAG QUESTION Green Mountain Trek Supply (GMTS) is expected to pay a dividend of $1.35 in one year and a dividend of $2.00 in two years. In two years, the stock is expected to sell for $80...


Question 1<br>FLAG QUESTION<br>Green Mountain Trek Supply (GMTS) is expected to pay a dividend of $1.35 in one year and a dividend of $2.00 in two years.<br>In two years, the stock is expected to sell for $80 right after it pays the $2.00 dividend. If GMTS's equity cost of capital is<br>(round to the nearest cent: $x.xx)<br>13%, what price would you expect to pay for a share of GMTS's stock today? (1<br>Answers 1-1<br>4<br>1.<br>O QUESTIONS<br>VERSION 2M.6.4<br>

Extracted text: Question 1 FLAG QUESTION Green Mountain Trek Supply (GMTS) is expected to pay a dividend of $1.35 in one year and a dividend of $2.00 in two years. In two years, the stock is expected to sell for $80 right after it pays the $2.00 dividend. If GMTS's equity cost of capital is (round to the nearest cent: $x.xx) 13%, what price would you expect to pay for a share of GMTS's stock today? (1 Answers 1-1 4 1. O QUESTIONS VERSION 2M.6.4

Jun 05, 2022
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