Assume a corporation has just paid a dividend of $ 1.56 per share. The dividend is expected
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Assume a corporation has just paid a dividend of $ 1.56 per share. The dividend is expected to grow at a rate of 3.2% per year forever, and the discount rate is 5.2%. What is the Capital Gains yield of this stock?
Related Book For
Financial Management Theory and Practice
ISBN: 978-1305632295
15th edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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