ABC Corporation paid a dividend of S0.75 per share, and that dividend is expected to grow at
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ABC Corporation paid a dividend of S0.75 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company's cost of equity is 10%. What is the company's dividend yield?
Related Book For
Financial management theory and practice
ISBN: 978-1439078099
13th edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
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