Proxicam, Inc., is expected to grow at a constant rate of 7 percent. If the companys next

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Proxicam, Inc., is expected to grow at a constant rate of 7 percent. If the company’s next dividend, which will be paid in a year, is $1.15 and its current stock price is $22.35, what is the required rate of return on this stock?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 01:38 AM

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Proxicam, Inc., is expected to grow at a constant rate of 7 percent. If the companys next

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Fundamentals of corporate finance

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