Question
Assume a corporation has just paid a dividend of $ 1.56 per share. The dividend is expected to grow at a rate of 3.2% per
Assume a corporation has just paid a dividend of $ 1.56 per share. The dividend is expected to grow at a rate of 3.2% per year forever, and the discount rate is 5.2%. What is the Capital Gains yield of this stock?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
