Essilor Internationals common stock pays a dividend of ($0.85.) It is currently selling for ($35.54.) If the

Question:

Essilor International’s common stock pays a dividend of $$0.85.$ It is currently selling for $$35.54.$ If the firm’s investors require a 12 percent return on their investment from buying Essilor International stock, what growth rate would Essilor International have to provide to investors?

Fantastic news! We've Found the answer you've been seeking!