Crandle's common stock is currently selling for $79.00. It just paid a dividend of $4.60 and dividends
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Question:
Crandle's common stock is currently selling for $79.00. It just paid a dividend of $4.60 and dividends are expected to grow at a rate of 5% indefinitely. What is the required rate of return on Crandle's stock?
11.11% | |
11.76% | |
12.2% | |
14.21% |
Posted Date: