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A stock is expected to maintain a constant dividend growth rate of 4.8 percent indefinitely. If the stock has a dividend yield of 6.1 percent,
A stock is expected to maintain a constant dividend growth rate of 4.8 percent indefinitely. If the stock has a dividend yield of 6.1 percent, what is the required return on the stock?
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Financial Accounting An Introduction
Authors: Jacqui Kew, Alex Watson
4th Edition
0199046484, 978-0199046485
