Stock Valuation (LO1) Caccamise Company is expected to maintain a constant 5 percent growth rate in its dividends indefinitely. If the company has a dividend yield of 6.8 percent, what is the required return on the company's stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Required return %

Answer rating: 100% (QA)

To calculate the required return on the companys stock we can use the Gordon Gro... View the full answer