Question
A firm's stock has a required return of 7.00%. The stock's dividend yield (using the dividend to be paid in one year from today) is
A firm's stock has a required return of 7.00%. The stock's dividend yield (using the dividend to be paid in one year from today) is 4.00%. What is the amount of the dividend just received if the current stock price is $30 and the dividends grow annually at a constant rate?
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Reforming The Governance Of The Financial Sector
Authors: David Mayes , Geoffrey Wood
1st Edition
0415686849, 978-0415686846
