Question
Consider a stock that is expected to pay a dividend of $0.93 a year from now. The current price of the stock is $45.18. The
Consider a stock that is expected to pay a dividend of $0.93 a year from now. The current price of the stock is $45.18. The expected rate of return on the stock is 13%. What must be the expected growth rate of the dividends? Enter your answer as a percentage. Do not enter the percentage sign into your answer.
Enter your response below rounded to 2 DECIMAL PLACES
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Sports Finance And Management Real Estate Media And The New Business Of Sport
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills, Mackenzie Zondlak
2nd Edition
1138341819, 9781138341814
