Question
KDP's most recent dividend was $2.00 per share and it is trading today on the market for $70. The dividend is expected to grow at
KDP's most recent dividend was $2.00 per share and it is trading today on the market for $70. The dividend is expected to grow at a rate of 7% per year for the foreseeable future. If the market returns 10% on investments with comparable risk, should you buy the stock? why?
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
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