Daisy executives anticipate a growth rate of 12 percent for the companys common stock The stock is currently selling for $ 42 65 per share and pays an end of year dividend of $ 1 45 What is your expected rate of return if you purchase the stock for its current market price of $ 42 65 ...

Daisy executives anticipate a growth rate of 12 percent for the companys common stock. The stock is

Question:

Daisy executives anticipate a growth rate of 12 percent for the company’s common stock. The stock is currently selling for $ 42.65 per share and pays an end- of- year of $ 1.45. What is your expected rate of return if you purchase the stock for its current market price of $ 42.65? Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...