Question
Suppose Universal Forests current stock price is $72.00 and it is likely to pay a $0.56 dividend next year. Since analysts estimate Universal Forest will
| Suppose Universal Forests current stock price is $72.00 and it is likely to pay a $0.56 dividend next year. Since analysts estimate Universal Forest will have a 14.4 percent growth rate, what is its required return? (Round your answer to 2 decimal places.) |
| Required return | % |
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Financial Modeling An Introductory Guide To Excel And VBA Applications In Finance
Authors: Joachim Häcker, Dietmar Ernst
1st Edition
1137426578, 978-1137426574
