Klaus toys just paid its annual dividend of $1.40. the required return is 16 percent and the dividend growth rate is 2 percent. what is the expected value of this stock five years from now?

The expected value (EV) is a probable value for a given investment. By calculating expected values, investors can decide the scenario most likely to give them their preferred result.

Formula for expected value is:

Expected value = stock return’s annual dividend divided by (required return – dividend growth rate)

P₅= [$1.40×(1 + 0.02)₆]/(0.16 - 0.02) = $11.26

The answer is $11.26

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.