Question
Consider a stock that will have dividends in the next three periods of $1.16, $1.28, and $1.32, respectively. The interest rate is 12%. What is
Consider a stock that will have dividends in the next three periods of $1.16, $1.28, and $1.32, respectively. The interest rate is 12%. What is the growth rate of the dividend in period 3? 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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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
