Question
Chicago Bears Inc.'s stock currently sells for $50 per share. It must paid out a dividend of $2.25 per share. Its dividend is expected to
Chicago Bears Inc.'s stock currently sells for $50 per share. It must paid out a dividend of $2.25 per share. Its dividend is expected to grow at a constant rate of 3.5%. Calculate the stock's dividend yield for the coming year.
a. 3.50% b. 4.66% c. 4.89% d. 5.13%
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Multinational Finance
Authors: Kirt C. Butler
4th Edition
1405181184, 978-1405181181
