Question
the capital gains yield for a given stock is 4% and the dividend yield is 7%. the company is considering building a new factory if
the capital gains yield for a given stock is 4% and the dividend yield is 7%. the company is considering building a new factory if the results from an ongoing capital budgeting exercise appear favorable. what is the required return on equity?
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Market Liquidity Theory Evidence And Policy
Authors: Thierry Foucault, Marco Pagano, Ailsa Roell
1st Edition
0199936242, 978-0199936243
