Question
The next dividend payment by ECY, Inc., will be $1.52 per share. The dividends are anticipated to maintain a growth rate of 6 percent, forever.
The next dividend payment by ECY, Inc., will be $1.52 per share. The dividends are anticipated to maintain a growth rate of 6 percent, forever. The stock currently sells for $28 per share.
What is the expected capital gains yield?
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Multinational Financial Management
Authors: Alan C. Shapiro
7th Edition
0471395307, 9780471395300
