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QUESTION
The price of Great American Landscaping Inc. is now $85. The company pays no dividends. Toby Chryslers expects the price four years from now to be...
The price of Great American Landscaping Inc. is now $85. The company pays no dividends. Toby Chryslers expects the price four years from now to be $125 a share. Should Toby buy Great American Landscaping if he wants a 15 percent rate of return? Explain.
