Question
(Common stock valuation) Bates Inc. pays a dividend of $2.75 and is currently selling for $36.30. If investors require a return of 16 percent on
(Common stock valuation) Bates Inc. pays a dividend of $2.75 and is currently selling for $36.30. If investors require a return of 16 percent on their investment from buying Bates stock, what growth rate would Bates Inc. have to provide the investors?
The growth rate Bates Inc. would have to provide the investors is ??
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Rich Dads Increase Your Financial IQ Get Smarter With Your Money
Authors: Robert T. Kiyosaki
1st Edition
1612680658, 978-1612680651
