Question
Suppose you know that a companys stock currently sells for $54 per share and the required return on the stock is 9 percent. You also
| Suppose you know that a companys stock currently sells for $54 per share and the required return on the stock is 9 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. It's the companys policy to always maintain a constant growth rate in its dividends. |
| What is the current dividend per share? |
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Finance Capital Markets Financial Management And Investment Management
Authors: Frank J. Fabozzi, Pamela Peterson Drake
1st Edition
0470407352, 978-0470407356
