Question
Green Tech Ltd. currently trades at $75 per share. The required return on its share is 10 percent. The total return on its share is
Green Tech Ltd. currently trades at $75 per share. The required return on its share is 10 percent. The total return on its share is equally divided between a capital gains yield and a dividend yield. Green Techs policy is to always maintain a constant growth rate in dividends. What is its current dividend per share?
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Understanding Financial Risk Management
Authors: Angelo Corelli
1st Edition
0415746183, 978-0415746182
