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What is the price of Silver Sun Shipping stock expected to be in 2 years if...

What is the price of Silver Sun Shipping stock expected to be in 2 years if it has an annual expected return of 9.52 percent, is expected to be priced at 74.48 dollars in 1 year, and is expected to pay an annual dividend of 2.68 dollars in 3 years and be priced at 85.36 dollars in 3 years? The stock is expected to pay annual dividends forever.

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Answer #1

Stock price in 2 years FVx(1=(1+r)^n) Here, 9.52% A Rate per annum B Number of years C| Number of compoundings per per annum

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