Question
Arts and Crafts, Inc., will pay a dividend of $7 per share in 1 year. It sells at $70 a share, and firms in the
Arts and Crafts, Inc., will pay a dividend of $7 per share in 1 year. It sells at $70 a share, and firms in the same industry provide an expected rate of return of 14%. What must be the expected growth rate of the companys dividends?
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International Finance For Dummies
Authors: Ayse Evrensel
1st Edition
111852389X, 978-1118523896
