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Can anyone find the required return with writing the formula? It won't except only the answer. The next dividend payment by Blue Cheese, Inc., will
Can anyone find the required return with writing the formula? It won't except only the answer.
The next dividend payment by Blue Cheese, Inc., will be $1.89 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. If the stock currently sells for $38 per share, what is the required return? 4 Dividend paid Dividend crowth rate Stock price 1.89 5% 38.00 10 Complete the following analysis. Do not hard code values in your calculations 12 13 14 15 16 17 Required returnStep by Step Solution
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