Question
Expected Return A company's current stock price is $86.30 and it is likely to pay a $5.30 dividend next year. Since analysts estimate the company
Expected Return A company's current stock price is $86.30 and it is likely to pay a $5.30 dividend next year. Since analysts estimate the company will have a 12% growth rate, what is its expected return?
A. 5.94%
B. 12.00%
C. 6.14%
D. 18.14%
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International Finance A Survey
Authors: H. Kent Baker, Leigh A. Riddick
1st Edition
0199754659, 978-0199754656
