Question
ABC Technologies is expected to grow its dividend at a constant rate of 3% forever. The expected dividend is $4 and the company's cost of
ABC Technologies is expected to grow its dividend at a constant rate of 3% forever. The expected dividend is $4 and the company's cost of equity is 13%. What is the capital gains yield for the stock?
| a. | 13% | |
| b. | 3% | |
| c. | 10% | |
| d. | 0% |
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Cases In Healthcare Finance
Authors: Louis C. Gapenski
3rd Edition
1567932444, 9781567932447
