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Find constant growth rate please. I know the answer is . 0 9 6 2 1 6 or 9 . 6 2 1 6 ,
Find constant growth rate please. I know the answer is or I just don't know how they got that number. There's more to this problem, but I really just need to figure out how to find the constant growth. Im not sure of the rate or return or how to find it Here is the problem: The compant has Million common shares outstanding. Each share sells for $ per share and the company just paid a dividend of $ per share. Investors expect future dividends of this company to grow indefinitely by per year.
Let me know if you need more info to figure our the constant growth rate. Again, the answer is either or Thank you
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