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Q3) The current price of Janco stock is $20.58. Dividends are expected to grow at 4.33% indefinitely and the most recent dividend paid yesterday was
Q3) The current price of Janco stock is $20.58. Dividends are expected to grow at 4.33% indefinitely and the most recent dividend paid yesterday was $2.91. Compute the following for Janco stock: a) The required rate of return: (1.5 points) b) The dividend yield: ( 1.0 points ) c) Capital gains yield: ( 1.0 points)
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