Question
Siblings, Inc., is expected to maintain a constant 3.4 percent growth rate in its dividends, indefinitely. The company has a dividend yield of 5.2 percent.
Siblings, Inc., is expected to maintain a constant 3.4 percent growth rate in its dividends, indefinitely. The company has a dividend yield of 5.2 percent.
What is the required return on the company's stock? What is the required return??? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places |
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Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
