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Common stockvalue: Constant growth The common stock of Barr LabsInc., trades for $ 121 per share. Investors expect the company to paya(n) $ 1.33 dividend
Common stockvalue: Constant growthThe common stock of Barr LabsInc., trades for $121 per share. Investors expect the company to paya(n) $1.33 dividend nextyear, and they expect that dividend to grow at a constant rate forever. If investors requirea(n) 13.3% return on thisstock, what is the dividend growth rate that they areanticipating?
The anticipated dividend growth rate is 13.29%.
Is this right? I don't know how to screenshot the math calculation I used
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