IDK just paid a dividend of $3.20 and is expected to increase future dividends at 4% per
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IDK just paid a dividend of $3.20 and is expected to increase future dividends at 4% per year forever.If the current share price (V) is $34.50 what is the return required by shareholders?Remember to convert the dividend growth model by solving for K (the rate of return) and don't forget g (the growth rate).
Expert Answer:
1 Gordon Growth Model Dividend Growth Model The Gordon Growth Model is used t... View the full answer
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