Question
A stock just paid a dividend of $5.77 and is expected to maintain a constant dividend growth rate of 4.1 percent indefinitely. If the current
A stock just paid a dividend of $5.77 and is expected to maintain a constant dividend growth rate of 4.1 percent indefinitely. If the current stock price is $87, what is the required return on the stock?
10.27
10.20
9.39
11.00
10.73
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
5th Edition
0030113172, 978-0030113178
