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The current price of Janco stock is $22.19 . Dividends are expected to grow at 3.27% indefinitely and the most recent dividend paid yesterday was
| The current price of Janco stock is $22.19 . Dividends are expected to grow at 3.27% indefinitely and the most recent dividend paid yesterday was $3.80. Compute the following for Janco stock: |
| a) The required rate of return: (1.5 points) |
| b) The dividend yield: (1.0 points) |
| c) Capital gains yield: (1.0 points) |
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Global Corporate Finance A Focused Approach
Authors: Kenneth Kim, Suk Kim
3rd Edition
9811207119, 9789811207112
