Question
The current dividend yield on Samoan Flowers common stock is 3.5%. The company just paid a $1.45 annual dividend and announced plans to pay $1.65
The current dividend yield on Samoan Flowers common stock is 3.5%. The company just paid a $1.45 annual dividend and announced plans to pay $1.65 next year. The dividend growth rate is expected to remain constant in the future. What is the required rate of return on this stock?
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Canadian Multinationals And International Finance
Authors: Gregory P. Marchildon, Duncan McDowall
1st Edition
0714634816, 978-0714634814
