Question
The common stock of RMW Inc. is selling at $90 a share. It just paid a dividend of $4. Investors expect a return of 10
The common stock of RMW Inc. is selling at $90 a share. It just paid a dividend of $4. Investors expect a return of 10 percent on their investment in RMW Inc. From this information, what is the expected growth rate of future dividends? (Round answer to 2 decimal place, e.g. 52,75.)
| Growth rate | % |
| please show work |
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
