Question
Suppose Merdeka Berhad paid a dividend of $1.00 in the year that just ended. The companys earnings and dividends have grown in past several years.
Suppose Merdeka Berhad paid a dividend of $1.00 in the year that just ended. The companys earnings and dividends have grown in past several years. The required rate on the stock is 12% and the market price is $60 per share. What is the stocks growth rate?
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Business Finance
Authors: Eddie McLaney
11th Edition
1292134402, 9781292134406
