A firm pays a current dividend of $1.50 per share. The dividend is expected to grow 4.50%
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A firm pays a current dividend of $1.50 per share. The dividend is expected to grow 4.50% per year in perpetuity. The firm's current stock price is $98.56 per share. What is the investor's required rate of return?
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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