A company just paid a dividend of $3.75 on its stock. The required return on the stock
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Question:
A company just paid a dividend of $3.75 on its stock. The required return on the stock is 15.5% and the stock has an expected capital gains yield of 10.75%. What is this stock's dividend yield?
Round the final answer to 2 decimal places.
Related Book For
Financial management theory and practice
ISBN: 978-1439078099
13th edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
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