A stock just paid a dividend of $1.00. Its dividends are paid annually and are expected to

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A stock just paid a dividend of $1.00. Its dividends are paid annually and are expected to grow 6.00% per year. The stock is trading for $26.50 today.

What is the forward dividend yield (D1 / P) on this stock?

Related Book For answer-question

Fundamentals Of Financial Management

ISBN: 9781337902571

Concise 10th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Apr 20, 2024 06:14 AM

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A stock just paid a dividend of $1.00. Its dividends are paid annually and are expected to

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Fundamentals Of Financial Management

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