Question
A firm pays a $13.80 dividend at the end of year one ( D 1 ), has a stock price of $139, and a constant
| A firm pays a $13.80 dividend at the end of year one (D1), has a stock price of $139, and a constant growth rate (g) of 4 percent. |
| Compute the required rate of return (Ke). (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) |
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How To Value Buy Or Sell A Financial Advisory Practice
Authors: Mark C. Tibergien, Owen Dahl
1st Edition
1576601749, 978-1576601747
