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    omega psi phi's Avatar
    omega psi phi Posts: 1, Reputation: 1
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    #1

    Nov 15, 2009, 11:35 AM
    Jerry's Homework
    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?
    Throwback24's Avatar
    Throwback24 Posts: 44, Reputation: -1
    Junior Member
    		  
    #2

    Nov 15, 2009, 03:10 PM

    If no one helps you before tomorrow I will. I learn it in class tomorrow.
    justcurious55's Avatar
    justcurious55 Posts: 4,360, Reputation: 790
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    #3

    Nov 15, 2009, 04:02 PM

    We will not do your homework on this site. If you can show us that you have attempted to do it on your own, or have a very specific question about a problem, we're here to help you. We all had to do our own homework, so do you.
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