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The next dividend payment by Im, Incorporated, will be $3.15 per share. The dividends are anticipated to maintain a growth rate of 3.50 percent forever.
The next dividend payment by Im, Incorporated, will be $3.15 per share. The dividends are anticipated to maintain a growth rate of 3.50 percent forever. If the stock currently sells for $49.90 per share, what is the required return? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16 Step by Step Solution
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The Pillars Of Finance The Misalignment Of Finance Theory And Investment Practice
Authors: G. Fraser-Sampson
2014th Edition
1137264055, 978-1137264053
