Assume a corporation has just paid a dividend of $ 2.13 per share. The dividend is expected

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Assume a corporation has just paid a dividend of $ 2.13 per share. The dividend is expected to grow at a rate of 2.4% per year forever, and the discount rate is 8.1%. What is the dividend yield of this stock?

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Corporate Finance A Focused Approach

ISBN: 978-1305637108

6th edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Posted Date: Feb 29, 2024 03:34 AM

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Assume a corporation has just paid a dividend of $ 2.13 per share. The dividend is expected

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The dividend yield of this stock can be calculated using the constant growth dividend discount ... View the full answer

Corporate Finance A Focused Approach

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