Suppose a stock has a current value of $50 per share and a dividend of $2 per

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Suppose a stock has a current value of $50 per share and a dividend of $2 per share this year, and investors expect its dividends to grow at a rate of 3% per year. What is the return that investors require on this stock?

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Foundations And Applications Of The Time Value Of Money

ISBN: 9780470407363

1st Edition

Authors: Pamela Peterson Drake, Frank J. Fabozzi

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