Question
Consider the following data for a firm that has just paid $3 per share dividend which is expected to grow at a constant annual rate
Consider the following data for a firm that has just paid $3 per share dividend which is expected to grow at a constant annual rate in the future.
Equity Beta=2 Risk-free interest rate= 5% Expected market return= 10% The firms stock is currently trading at $31.5 per share.
What per-share dividend growth rate is being expected by the market?
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The Millionaire Next Door The Surprising Secrets Of Americas Wealthy
Authors: Thomas J. Stanley, William D. Danko
1st Edition
1589795474, 978-1589795471
