Question
A firm pays a $8.80 dividend at the end of year one (D1) , has a stock price of $135, and a constant growth rate
| A firm pays a $8.80 dividend at the end of year one (D1) , has a stock price of $135, and a constant growth rate (g) of 4%. |
Compute the required rate of return (Ke). (ROUNDYOUR INTERMEDIATE AND FINAL ANSWER TO 2 DECIMAL PLACES)
% Rate of return?
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Small Brewery Finance
Authors: Maria Pearman
1st Edition
1938469526, 978-1938469527
