Question: Abercrombie Fitch s common stock pays a dividend of
Abercrombie & Fitch’s common stock pays a dividend of $ 0.70. It is currently selling for $ 34.14. If the firm’s investors require a 10 percent return on their investment from buying Abercrombie & Fitch stock, what growth rate would Abercrombie & Fitch have to provide the investors?
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