Greg Inc. company stock is expected to grow at a constant rate indefinitely. The company stock is
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Greg Inc. company stock is expected to grow at a constant rate indefinitely. The company stock is currently priced at $50 and just paid a dividend of $4. If the required rate of return is 18%, what is the constant growth rate for Greg Inc.?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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