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The next dividend payment by Hot Wings, Inc., will be $3.65 per share. The dividends are anticipated to maintain a 5 percent growth rate forever.
| The next dividend payment by Hot Wings, Inc., will be $3.65 per share. The dividends are anticipated to maintain a 5 percent growth rate forever. |
| Required: |
| If the stock currently sells for $55 per share, what is the required return? |
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Global Corporate Finance A Focused Approach
Authors: Kenneth A. Kim
1st Edition
9814335827, 9789814335829
