Question
1. DT industries is valued at $11.40 a share. The firm pays annual dividend at an increasing rate of 2.6 percent annually. Next year's dividend
1. DT industries is valued at $11.40 a share. The firm pays annual dividend at an increasing rate of 2.6 percent annually. Next year's dividend will be $1.08 per share. What is the required return not this stock?
2. Over the past 4 years, a local firm has paid annual dividends of $1.55, $1.68, and $1.78. What is the arithmetic average dividend growth rate?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
