You know that the price of CFI, Inc., stock will be $12 exactly one year from today. Today the price of the stock is $11.

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QUESTION:

You know that the price of CFI, Inc., stock will be $12 exactly one year from today. Today the price of the stock is $11. Describe what must happen to the price of CFI, Inc., today in order for an investor to generate a 20 percent return over the next year. Assume that CFI does not pay dividends?


1 review for You know that the price of CFI, Inc., stock will be $12 exactly one year from today. Today the price of the stock is $11.

  1. Samuel (verified owner)

    Very well worth the money.

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