Question
Gontier Corporation stock currently sells for $64 per share. The market requires a 10 percent return on the firms stock. If the company maintains a
Gontier Corporation stock currently sells for $64 per share. The market requires a 10 percent return on the firms stock. If the company maintains a constant 4 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Peggy L. Hedges, Philip Chang, Keith C. Brown, Hedges Reilly Brown
1st Canadian Edition
0176500693, 978-0176500696
