Janis Corp. just issued an annual dividend of 2.50 per share. The firm anticipates the growth rate
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Question:
Janis Corp. just issued an annual dividend of ₱2.50 per share. The firm anticipates the growth rate in dividends will be 3% annually for the foreseeable future. If the current price is ₱61 per share, what is the required rate of return for the firm's equity?
a.
7.10%
b.
7.22%
c.
8.36%
d.
6.95%
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