9- On January 3 rd , the stock of Blikle Corp. traded at $16.40. Blikle will make
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9- On January 3rd, the stock of Blikle Corp. traded at $16.40. Blikle will make a year-end dividend distribution of $0.25 that is expected to grow at 4% per-annum to perpetuity. What is the expected long-term return on the stock?
Related Book For
Corporate Finance
ISBN: 9781265533199
13th International Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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