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Nico Corporation's common stock is expected to pay a dividend of $3.00 forever and currently sells for $30.00. What is the required rate of return?
Nico Corporation's common stock is expected to pay a dividend of $3.00 forever and currently sells for $30.00. What is the required rate of return?
| 10% | ||
| 12% | ||
| 13% | ||
| 14% |
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Public Finance
Authors: Richard W. Tresch
2nd Edition
0126990514, 978-0126990515
