Question
The next dividend payment by Halestorm, Inc., will be $8.94 per share. The dividends are anticipated to maintain a growth rate of 4.78 percent forever.
The next dividend payment by Halestorm, Inc., will be $8.94 per share. The dividends are anticipated to maintain a growth rate of 4.78 percent forever. If the stock currently sells for $4.34 per share, what is the expected capital gains yield?
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
5thEdition
0073382345, 9780073382340
