Question
The cum-dividend share price of VOAG PLC is currently at 3.42. The company has just announced a dividend of 18p which is due to be
The cum-dividend share price of VOAG PLC is currently at £3.42. The company has just announced a dividend of 18p which is due to be paid in 1 month. Calculate the required rate of return of shareholders if Investors believe that the dividend next year will be 19p.
a. 8.8%
b. 12.3%
c. 9.7%
d. 10.5%
e. 11.5%
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
7th Edition
013213683X, 978-0132136839
