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Homework: Week 4 Homework Score: 0 of 3 pts X P7-15 (similar to) Save 10 of 10 (10 complete) HUN Score: 97%, 97 of 100

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Homework: Week 4 Homework Score: 0 of 3 pts X P7-15 (similar to) Save 10 of 10 (10 complete) HUN Score: 97%, 97 of 100 pts Question Help Paragon's hist cal dividends ar sho n belo Find the required rate of return this stock, assuming the future dividend growth ate will remain the sa e and the or any has an infinite horizon Assume the January 1 2011 price of the stock w as $36 hat was the required return for Paragon's stock? 2010 S1.85 Dividend S1.01 $1.07 $1.31 $1.45 What was the estimated annual required retum for Paragon's stock? % (Round to two decimal places.) Enter your answer in the answer box and then click Check

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