A common stocks price per share is currently $40. This stock just paid $2.20 per share of annual dividend. The dividend is expected to grow
A common stocks price per share is currently $40. This stock just paid $2.20 per share of annual dividend. The dividend is expected to grow at an annual rate of 9% forever. What is the yield of this stock?
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Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
