Question
An issue of common stock is selling for $56.50. The year end dividend is expected to be $3.25 assuming a constant growth rate of 4%.
An issue of common stock is selling for $56.50. The year end dividend is expected to be $3.25 assuming a constant growth rate of 4%. What is the required rate of return? (Round your answer to 1 decimal place.) 11.8 10.3 9.3 9.8
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The Evolution Of Finance
Authors: Barbara Guth
1st Edition
1633377261, 978-1633377264
