Question
The next dividend payment at Zombie, Inc., will be $1.20 per share. The dividends are anticipated to maintain a 4.5% growth rate, forever. If Zombie
The next dividend payment at Zombie, Inc., will be $1.20 per share. The dividends are anticipated to maintain a 4.5% growth rate, forever. If Zombie stock currently sells for $34.00 per share, what is the required return?
answer: 8.03%
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
