Suppose a company just paid dividend of $6.35. The dividend is expected to grow at 7.99% each
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- Suppose a company just paid dividend of $6.35. The dividend is expected to grow at 7.99% each year. If the stock is currently selling for $121.12, what is the required rate of return on the stock?
2.Suppose a company is expected to pay dividend of $4.5 next year. The dividend is expected to grow at 10.88% each year. If the stock is currently selling for $159.39. what is the requires rate of return on the stock?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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