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Lotsa Lenses paid a dividend of $1.21 last year and plans a dividend growth rate of 4.00% indefinitely. Lotsas stock price is now $14.69. What
Lotsa Lenses paid a dividend of $1.21 last year and plans a dividend growth rate of 4.00% indefinitely. Lotsa’s stock price is now $14.69.
What return can Lotsa Lenses’ investors expect on their stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
expected return?
What return can Lotsa Lenses’ investors expect on their stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
expected return?
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Corporate Finance Core Principles And Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
6th Edition
1260571122, 978-1260571127
