What is the implied perpetual growth rate of dividends for a stock with a current price of
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Question:
What is the implied perpetual growth rate of dividends for a stock with a current price of $33.27, expected dividend next year of $1.6 per share, and a required return of 10%? Enter your answer in decimal form out to four decimals. For example, you would enter g=2.15% as 0.0215.
Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Posted Date: