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Chapter 6 Problem 2: Stock Values the next dividend payment by ZYX Inc.; will be $2.85 per share. The dividends are anticipated to maintain a

Chapter 6 Problem 2: Stock Values the next dividend payment by ZYX Inc.; will be $2.85 per share. The dividends are anticipated to maintain a 4.5 percent growth rate, forever. IF ZYX stock currently sells for $84 per share, what is the required return? CHAPTER 6: PROBLEM 2 Dividend Payment $2.85 Dividend Growth Rate 4.50% ZYX Stock Price $84 Required Return =

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