Question
Paychex Inc. (PAYX) recently paid an $0.75 dividend. The dividend is expected to grow at a 10 percent rate. The current stock price is $44.91.
Paychex Inc. (PAYX) recently paid an $0.75 dividend. The dividend is expected to grow at a 10 percent rate. The current stock price is $44.91.
What is the return shareholders are expecting?
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Essentials of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
14th edition
324422709, 324422702, 978-0324422702
