The John G. Getsinger Fishing Tours Company is currently selling for $60 and is paying a $3
Question:
The John G. Getsinger Fishing Tours Company is currently selling for $60 and is paying a $3 dividend.
a. If investors expect dividends to double in 12 years, what is the required rate of return for this stock?
b. John G. Getsinger, CEO, expects dividends to approximately triple in six years. In this event, what would the required rate of return be?
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