XYZ's last year's annual dividend was 3.50 a share, and you estimate that dividends will grow at
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XYZ's last year's annual dividend was 3.50 a share, and you estimate that dividends will grow at 5.5% for the long term. The current stock price is $75 a share. What is your expected return for the next year, E(R)?
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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