Question
If a company's dividends are expected to grow at a constant rate of 5.50 percent annually, and dividends are expected to be $1.25 next year,
If a company's dividends are expected to grow at a constant rate of 5.50 percent annually, and dividends are expected to be $1.25 next year, what total return is implied in the company's $67.24 current stock price?
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
