Question
Consider a stock that will have dividends in the next three periods of $1.35, $1.62, and $1.68, respectively. The interest rate is 8%. What is
Consider a stock that will have dividends in the next three periods of $1.35, $1.62, and $1.68, respectively. The interest rate is 8%. 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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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
