Question
Sande, Care to help me with another one? MammothMart's common shares are currently trading for$59.85 and the company paid its annual dividend of$0.60 per share.
Sande,
Care to help me with another one?
MammothMart's common shares are currently trading for$59.85 and the company paid its annual dividend of$0.60 per share. If your required rate of return is12%, what is the implied growth rate individends? (Assuming that dividends are expected to grow at a constant rate inperpetuity.)
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Practical Financial Management
Authors: William R. Lasher
8th edition
1305637542, 978-1305887237, 1305887239, 978-1305637542
