Question
BC Corp stock sells for $21.0 a share. The firm just paid an annual dividend of $2.6 per share and has a long-established record of
BC Corp stock sells for $21.0 a share. The firm just paid an annual dividend of $2.6 per share and has a long-established record of increasing its dividend by a constant 2.5 percent annually. What is the required return on this stock? (Answer in decimal formats. Keep four decimal places)
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Financial Statement Analysis
Authors: Andrew P.C.
1st Edition
1520985002, 978-1520985008
