Question
The next dividend payment by Savitz, Inc., will be $2.95 per share. The dividends are anticipated to maintain a growth rate of 2 percent forever.
The next dividend payment by Savitz, Inc., will be $2.95 per share. The dividends are anticipated to maintain a growth rate of 2 percent forever. If the stock currently sells for $47 per share, what is the required return? Multiple Choice 2.00% 6.28% 7.86% 8.28% 8.11%
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The Handbook For Investment Committee Members
Authors: Russell L. Olson
1st Edition
0471719781, 978-0471719786
