Which of the following can create ethical dilemmas between corporate managers and stockholders ?
Auditors
Board of directors
Agency relationship
Venture Capitalist
A firm is expected to pay a dividend of $ 2.00 next year and $ 2.14 the following year . Financial analysts believe the stock will be at their target price of $ 75.00 in two years . Compute the value of this stock with a required return of 10 percent .
$ 79.14
$ 65.40
$ 65.57
$ 66.67