Question
.The current price of Janco stock is $16.77. Dividends are expected to grow at 4.4% indefinitely and the most recent dividend paid yesterday was $3.93.
.The current price of Janco stock is $16.77. Dividends are expected to grow at 4.4% indefinitely and the most recent dividend paid yesterday was $3.93. What is the required rate of return, dividend yield, and capital gains yield on Janco's stock? (show your answers to 3 decimal places)
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
2nd Edition
0324289235, 9780324289237
