Question
Suppose you bought, today, one share of XYZ Co. a fairly priced stock, that just paid $2.46 of dividend per share expected to grow at
Suppose you bought, today, one share of XYZ Co. a fairly priced stock, that just paid $2.46 of dividend per share expected to grow at a constant rate of 5% starting next year. At the end of year 9, the stock is expected to sell for $200.
What would be your rate of return on this investment, in percentage?
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
5th Edition
0131445650, 9780131445659
