Question
The next dividend payment by CafeSi Inc. will be $10 per share. The company is expected to maintain a constant 8% growth rate in its
The next dividend payment by CafeSi Inc. will be $10 per share. The company is expected to maintain a constant 8% growth rate in its dividends, indefinitely.The company's stock currently trades at$50.
What is Re (required rate of return) for CafeSi's equity?Show your answer to the nearest .1%.Do not use the % sign in your answer.For example, if the answer is 9.23% enter your answer as 9.2Do not enter it as .0923, 0.0923, or 9.23% or 9.2%.
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College Algebra Graphs and Models
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
5th edition
321845404, 978-0321791009, 321791002, 978-0321783950, 321783956, 978-0321845405
