Question
KFC is expected to pay a $10 dividend at the end of the year. If the required return on the stock investment is 20%, and
KFC is expected to pay a $10 dividend at the end of the year. If the required return on the stock investment is 20%, and the stock currently sells for $100.00, what is the implied dividend growth rate for this company? (Round off the answer to two decimal places).
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Finance For Non Financial Managers
Authors: Gene Siciliano
1st Edition
0071413774, 978-0071413770
