1 00:40:39 The next dividend payment by Im, Incorporated, will be $3.40 per share. The dividends...
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1 00:40:39 The next dividend payment by Im, Incorporated, will be $3.40 per share. The dividends are anticipated to maintain a growth rate of 2.25 percent forever. If the stock currently sells for $50.40 per share, what is the required return? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Required return % 1 00:40:39 The next dividend payment by Im, Incorporated, will be $3.40 per share. The dividends are anticipated to maintain a growth rate of 2.25 percent forever. If the stock currently sells for $50.40 per share, what is the required return? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Required return %
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