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The next dividend payment by Im, Incorporated, will be $3.20 per share. The dividends are anticipated to maintain a growth rate of 3.25 percent forever.
The next dividend payment by Im, Incorporated, will be $3.20 per share. The dividends are anticipated to maintain a growth rate of 3.25 percent forever. If the stock currently sells for $50.00 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
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Illustrating Finance Policy With Mathematica
Authors: Nicholas L. Georgakopoulos
1st Edition
3319953710, 978-3319953717
