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help! Assume a corporation has just paid a dividend of $ 4.37 per share. The dividend is expected to grow at a rate of 3.7%
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Assume a corporation has just paid a dividend of $ 4.37 per share. The dividend is expected to grow at a rate of 3.7% per year forever, and the discount rate is 7.5%, What is the dividend yield of this stock? Enter your answer as a percentage, rounded to 1 decimal, and without the percentage sign. So, if your answer is 0.05678, just enter 5.7 Step by Step Solution
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