A company was paying an annual dividend of $ 3.60 per share today. The dividend is expected
Fantastic news! We've Found the answer you've been seeking!
Question:
A company was paying an annual dividend of $ 3.60 per share today. The dividend is expected to grow by 3.5% per year in the future. The price of each share today is $ 62.10. What is the expected return on this share according to dividend model? a) 6.0% b) 5.5% c) 3.5% d) 9.5%
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
Posted Date: