Question
An issue of common stock is selling for $56.80. The year end dividend is expected to be $2.35 assuming a constant growth rate of 4%.
An issue of common stock is selling for $56.80. The year end dividend is expected to be $2.35 assuming a constant growth rate of 4%. What is the required rate of return? (Round your answer to 1 decimal place.)
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
