Nishi Corporation's common stock just paid $0.79 dividend recently and dividends are expected to grow at a constant rate for the foreseeable future. The investors' required rate of return on the stock is 10.89%. If the stock's current price is $15.62 per share, what is the growth rate projected?

Answer rating: 100% (QA)

To calculate the growth rate projected for Nishi Corporations dividends we can u... View the full answer