No.11521719 ViewReplyOriginalReport
"If AAA company pays the expected dividends are $3 in the first year, $4 in the second year, and $5 in the third year. You expect to sell AAA company's stock at 100 in three years later. What is the current stock price of AAA stock? The current market yield is 5%"

Is there an equation to calculate this? sorry for the grammar, my teacher barely speaks English