Question
A firm's expected annual dividend in 1 year is .62 per share. It's current stock price per share is $13.45. It's cost of common stock
A firm's expected annual dividend in 1 year is .62 per share. It's current stock price per share is $13.45. It's cost of common stock is 6.40%. Using the Dividend Discount Model, compute the firm's expected growth rate.
| 11.01% |
| 10.32% |
| 4.61% |
| 1.79% |
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Personal Finance
Authors: Richard Stanton
2nd Edition
1519662106, 978-1519662101
