Question
Gas Co., Inc. just paid a dividend of $2.05. They maintain a constant growth rate of 4% and the stock is currently selling for $35.
Gas Co., Inc. just paid a dividend of $2.05. They maintain a constant growth rate of 4% and the stock is currently selling for $35. What is the required return?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
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