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A stock is selling for $40 per share. The required rate of return on the stock is 8% and based on the next expected dividend
A stock is selling for $40 per share. The required rate of return on the stock is 8% and based on the next expected dividend to be paid it has a dividend yield of 5%. What is the growth rate if the stock price is growing at a constant rate?
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
