Your stock is currently selling for $64.94. Assuming you plan to pay a dividend of $5 next
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Your stock is currently selling for $64.94. Assuming you plan to pay a dividend of $5 next year, and the dividends are expected to grow at a yearly rate of 3% indefinitely, what is the required return for your stock based on the dividend discount model?
Related Book For
Fundamentals of Financial Management
ISBN: 978-1337395250
15th edition
Authors: Eugene F. Brigham, Joel F. Houston
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