Consider the following scenario: Two companies the APL Minerals and CMA CGM Furniture stocks have...
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Consider the following scenario: Two companies the APL Minerals and CMA CGM Furniture stocks have same prices at the end of year 2018. Both companies have 10 percent average annual return over the past two years. The stock prices of APL Minerals increased 10 percent in both 2019 and 2020. CMA CGM Furnitures have seen 25 percent rise and fall of 5 percent in its share prices in 2019 and 2020 respectively. Explain if these two companies have the same price today, why or why not?
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