Question
Ford Motor paid an annual dividend of $0.60 in 2018. It is expected that the company will continue to pay dividend and dividend will grow
Ford Motor paid an annual dividend of $0.60 in 2018. It is expected that the company will continue to pay dividend and dividend will grow at 7%. Given the market price of $8.70, what is the required rate of return for Ford's equity?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
10th Edition
0201785676, 9780201785678
