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 $43 per share, what is the required return?
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Lessons In Corporate Finance
Authors: Paul Asquith, Lawrence A. Weiss
2nd Edition
1119537835, 978-1119537830
