Question
Consider a stock that that has just paid a dividend of $2.2. The dividend is expected to grow at a constant rate of 4.1% every
Consider a stock that that has just paid a dividend of $2.2. The dividend is expected to grow at a constant rate of 4.1% every year. The current price of the stock is $57.66. What rate of return are investors expecting? Enter your answer as a percentage. Do not include the percentage sign in your answer.
Enter your response below rounded to 2 DECIMAL PLACES.
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Financial Times Guide To The Financial Markets
Authors: Glen Arnold
1st Edition
0273730002, 978-0273730002
