Question
The next dividend payment by ECY, Inc., will be $1.76 per share. The dividends are anticipated to maintain a growth rate of 7 percent, forever.
| The next dividend payment by ECY, Inc., will be $1.76 per share. The dividends are anticipated to maintain a growth rate of 7 percent, forever. The stock currently sells for $34 per share. |
| What is the required return? |
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
