vicada2782
22.08.2021 •
Business
There is a 50% probability that the Arum company’s sales will be 10 million next year, a 20% probability that they will be $5 million, and a 30 % probability that they will be $3 million. Solve the expected sales of Arum company next year
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Ответ:
$40.45
Explanation:
The current stock value of CAT is computed as below
Current stock value = Annual dividend / Rate of return
Current stock value = $4.45 / 11%
Current stock value = $4.45 / 0.11
Current stock value = $40.454546
Current stock value = $40.45
So, the current stock value of CAT is $40.45.