Tootsie roll inc pays annual dividends that are expected to grow in perpetuity at 2% per annum.
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Tootsie roll inc pays annual dividends that are expected to grow in perpetuity at 2% per annum. the next dividend is expected to be $1.50 and it will be paid in one year. the price of tootsie rolls shares is currently 21.43. if you pay that price and hold tootsie roll shares,then what return do you expect to earn?
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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