The next dividend payment by Im, Inc., will be $1.87 per share. The dividends are anticipated...
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The next dividend payment by Im, Inc., will be $1.87 per share. The dividends are anticipated to maintain a growth rate of 4.3 percent forever. If the stock currently sells for $37 per share, what is the required return? Input area: Dividend paid Dividend growth rate Stock price $1.87 4.30% $37.00 (Use cells A6 to B8 from the given information to complete this question.) Output area: Required return The next dividend payment by Im, Inc., will be $1.87 per share. The dividends are anticipated to maintain a growth rate of 4.3 percent forever. If the stock currently sells for $37 per share, what is the required return? Input area: Dividend paid Dividend growth rate Stock price $1.87 4.30% $37.00 (Use cells A6 to B8 from the given information to complete this question.) Output area: Required return
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