Stobin's Toys has decided to expand by opening 25 new stores. Yesterday Stobin's Toys paid a dividend of $1.25. Stobin's Toys earned $75 after flotation costs. If Stobin's cost of issuing these shares was 15% what is the growth rate assumed using the Dividend Growth Model?

Answer rating: 100% (QA)

To calculate the growth rate assumed using the Dividend Growth Model we can use the for... View the full answer