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Calgary Glaciers Corporationss stock currently sells for $59 per share and the required return on the stock is 11%. You also know that the total
Calgary Glaciers Corporationss stock currently sells for $59 per share and the required return on the stock is 11%. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If its the companys policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
