Question
Duke Energy has been paying dividends steadily for 20 years. During that time, dividends have grown at a compound annual rate of 5%. If Duke
Duke Energy has been paying dividends steadily for 20 years. During that time, dividends have grown at a compound annual rate of 5%. If Duke Energy's current stock price is $79 and the firm plans to pay a dividend of $6.60 next year, what is the required return on Duke's common stock?
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Bond Markets Analysis and Strategies
Authors: Frank J.Fabozzi
9th edition
133796779, 978-0133796773
