Question
please solve this asap thank you Here is a share of stock: The current stock price is $56. The next dividend will be $2.8. The
please solve this asap thank you
Here is a share of stock:
The current stock price is $56.
The next dividend will be $2.8.
The dividends will have a growth rate of 4.2% forever.
What is the required return?
| A. | 8.6% | |
| B. | 9.2% | |
| C. | 7.8% | |
| D. | 8.2% |
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Financial Management In The Sport Industry
Authors: Matthew T. Brown, Daniel A. Rascher, Mark S. Nagel, Chad D. McEvoy
3rd Edition
0367321211, 978-0367321215
