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Suppose a stock is currently selling for $56 per share and has earnings per share of $4. Dividends are currently $1.50 per share. The future
Suppose a stock is currently selling for $56 per share and has earnings per share of $4. Dividends are currently $1.50 per share. The future growth rate of dividends is expected to be 3.5% a. What is the expected return for this stock? b. Use Goal Seek or Solver to determine the dividend growth rate that would yield an expected return of 8%
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