Question
Expected Return A company's current stock price is $85.90 and it is likely to pay a $4.90 dividend next year. Since analysts estimate the company
Expected Return A company's current stock price is $85.90 and it is likely to pay a $4.90 dividend next year. Since analysts estimate the company will have a 12% growth rate, what is its expected return?
| 5.70% | |
| 17.70% | |
| 12.00% | |
| 5.49% |
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
13th Edition
1337395080, 9781337395083
