Question
The next dividend payment by Tech, Inc., will be $2.75 per share. The dividends are anticipated to maintain a growth rate of 5.00 percent, forever.
The next dividend payment by Tech, Inc., will be $2.75 per share. The dividends are anticipated to maintain a growth rate of 5.00 percent, forever. If the stock currently sells for $53 per share, what is the expected return? Question 32 options: None of the answers is correct 10.45% 13.62% 10.19% 11.66%
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Financial Management Principles And Applications
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
10th Edition
0131450654, 9780131450653
