Question
The next dividend payment by Greiner, Inc, will be $1.40 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever.
The next dividend payment by Greiner, Inc, will be $1.40 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. If the stock currently sells for $25 per share, what is the required return?
Required return %?
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
