If the price of Iguana Handbags Inc stock is $43, its required return is 20 and the last dividend was $3, what is its dividend growth rate a) 17 4 b) 10 c) 12 2 d) 13 e) 11 7 ...

c 122 The growth rate can be calculated with the use of following formula Stock ...

If the price of Iguana Handbags Inc. stock is $43, its required return is 20% and the

Question:

If the price of Iguana Handbags Inc. stock is $43, its required return is 20% and the last was $3, what is its growth rate?
a) 17.4%
b) 10%
c) 12.2%
d) 13%
e) 11.7%
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...