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| Penny Stocks and Big Boards Relevant to the most conventional way of profiting through investing, this forum is focused on the discussion and analysis of stocks, bonds and equity investments in the openly traded stock market (NYSE, AMEX, NASDAQ, TSE, TSE Ventures, ect.) |
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Jack Hammer invests in a stock that will pay dividends of $2.00 at the end of the
first year; $2.20 at the end? Jack Hammer invests in a stock that will pay dividends of $2.00 at the end of the first year; $2.20 at the end of the second year; and $2.40 at the end of the third year. Also, he believes that at the end of the third year he will be able to sell the stock for $33. What is the present value of all future benefits if a discount rate of 11 percent is applied?
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