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The market price of a companys shares is $15 each; the estimated dividend at the end of this year (D 1 ) is $0.60; and
The market price of a companys shares is $15 each; the estimated dividend at the end of this year (D 1 ) is $0.60; and the estimated long-term growth rate in dividends (g) is 3%. Estimate the implied required rate of return on these shares.
The market price of a companys shares is $15 each; the estimated dividend at the end of this year (D 1 ) is $0.60; and the estimated long-term growth rate in dividends (g) is 3%. Estimate the implied required rate of return on these shares.
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