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A stock will pay a yearly dividend of $0.6, expected to grow by 3.4% per year forever. If the stock is currently priced at $58,
A stock will pay a yearly dividend of $0.6, expected to grow by 3.4% per year forever. If the stock is currently priced at $58, what is the prevailing market rate of return?
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
17th Edition
1119561175, 978-1119561170
