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Question 6 (3 points) Janis Corp. just issued an annual dividend of $2.50 per share this year. The firm anticipates the growth rate in dividends
Question 6 (3 points) Janis Corp. just issued an annual dividend of $2.50 per share this year. The firm anticipates the growth rate in dividends will be 3% annually for the foreseeable future. If the current price is $61 per share, what is the required rate of return for the firm's equity? (format of the answer: use percentage form with 2 decimal places, i.e. 6.20% is correct format, not 0.062, not 6.2%) A Question 7 (3 points) Picarello Corporation's next year annual dividend is expected to be $4.64 per share. The firm anticipates the growth rate in dividends will be 4% annually for the foreseeable future. If the current price is $51 per share, what is the required rate of return for the firm's equity? (format of the answer: use percentage form with 2 decimal places, i.e. 6.20% is correct format, not 0.062, not 6.2%) A Question 8 (3 noints) Saved
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