Question
The next dividend payment by Dizzle, Inc., will be $3.40 per share. The dividends are anticipated to maintain a growth rate of 2.25 percent, forever.
The next dividend payment by Dizzle, Inc., will be $3.40 per share. The dividends are anticipated to maintain a growth rate of 2.25 percent, forever.
If the stock currently sells for $50.40 per share, what is the required return? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Required return %
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Interpreting and Analyzing Financial Statements
Authors: Karen P. Schoenebeck, Mark P. Holtzman
6th edition
132746247, 978-0132746243
