Question: undefined a. Refer to the data for Briggs & Stratton stock ticker symbol BGG). Assuming the firm's historical growth rate of 6% is expected to
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a. Refer to the data for Briggs & Stratton stock ticker symbol BGG). Assuming the firm's historical growth rate of 6% is expected to continue for the foreseeable future, what is this stock's internal rate of return? Company Div Yld PE Close Chng BGG 1.23 3.5 18 35.15 -.08 b. Given a required rate of return on BGG stock is 9.5%, evaluate it as an investment. (Clearly state what you recommend and why.)
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