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Estimate the annual required rate of return for BTO stock, using the Dividend Growth Model. BTO just paid an annual dividend of $11.55 per
Estimate the annual required rate of return for BTO stock, using the Dividend Growth Model. BTO just paid an annual dividend of $11.55 per share, and the concensus analyst estimate is that the dividend will grow at 6.5% each year. The current market value of BTO stock is $162.92 per share. Answer as a % to 2 decimal places (e.g., 12.34% as 12.34). Answer:
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
14th Edition
0357516664, 978-0357516669
