Question
A stock pays annual dividend of $7 next year, which starts to grow in two years from today. The stocks price today is $70. If
A stock pays annual dividend of $7 next year, which starts to grow in two years from today. The stocks price today is $70. If the rate of return on the stock is 25%, what is the growth rate of the dividend?
- 10%
- 15%.
- 20%
- None of the above.
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Financial Accounting The Impact On Decision Makers
Authors: Gary A Porter, Curtis L Norton
7th Edition
1439080526, 9781439080528
