Question
CBA Ltd. is expected to grow at a constant rate of 5 per cent. If the company's next dividend is $2.5 and its current price
CBA Ltd. is expected to grow at a constant rate of 5 per cent. If the company's next dividend is $2.5 and its current price is $44.55, what is the required rate of return on this share?
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Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
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