Assume a corporation has just paid a dividend of $ 2.13 per share. The dividend is expected
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Assume a corporation has just paid a dividend of $ 2.13 per share. The dividend is expected to grow at a rate of 2.4% per year forever, and the discount rate is 8.1%. What is the dividend yield of this stock?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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