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Suppose you know that a company's stock currently sells for $ 6 6 . 6 0 per share and the required return on the stock
Suppose you know that a company's stock currently sells for $ per share and the required return on the stock Is percent. You also know that the total return on the stock is evenly divided between capltal galns yleld and dividend yleld. If It's the company's policy to always maintain a constant growth rate In its dividends, what is the current dividend per share?
Note: Do not round Intermedlate calculatlons and round your answer to declmal places, eg
Dividend per share
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