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Dee's Fashions has a constant growth rate of 5.3 percent and is equally as risky as the market while its stock is currently selling for
Dee's Fashions has a constant growth rate of 5.3 percent and is equally as risky as the market while its stock is currently selling for $48.93 a share. The overall stock market has a return of 12.2 percent and a risk premium of 5.6 percent. What is the Dee's Fashions expected dividend yield? Ender your answer as a whole number to the nearest .1%, thus an answer of 10.1% would be 10.1 rather than 10.1% or .101.
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