Question
ABC just paid a dividend of $4.45 per share.Dividends are paid annually. The dividend is expect to growth by 2.3% per year. The price of
ABC just paid a dividend of $4.45 per share.Dividends are paid annually. The dividend is expect to growth by 2.3% per year. The price of the stock today is $62.65. What is the required rate of return? You answer should be shown as a percentage and it should be accurate to two decimal places. Therefore, 0.323857 would be shown as 32.39.
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
14th edition
133879879, 978-0133879872
