Carla Vista, Inc., is expected to grow at a constant rate of 9.75 percent. If the...
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Carla Vista, Inc., is expected to grow at a constant rate of 9.75 percent. If the company's next dividend, which will be paid in a year, is $1.00 and its current stock price is $22.35, what is the required rate of return on this stock? (Round intermediate calculations to 4 decimal places, e.g. 1.5325 and final answer to 2 decimal places, e.g. 17.54%.) Rate of return % Carla Vista, Inc., is expected to grow at a constant rate of 9.75 percent. If the company's next dividend, which will be paid in a year, is $1.00 and its current stock price is $22.35, what is the required rate of return on this stock? (Round intermediate calculations to 4 decimal places, e.g. 1.5325 and final answer to 2 decimal places, e.g. 17.54%.) Rate of return %
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