Question
The next dividend payment by Hot Wings, Inc., will be $3.95 per share. The dividends are anticipated to maintain a 7 percent growth rate forever.
The next dividend payment by Hot Wings, Inc., will be $3.95 per share. The dividends are anticipated to maintain a 7 percent growth rate forever. If the stock currently sells for $47 per share, the required return is ___________ percent.
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Fundamentals Of Institutional Asset Management
Authors: Frank J Fabozzi, Francesco A Fabozzi
1st Edition
9811220034, 9789811220036
