Question
The next dividend payment by Wyatt, Inc., will be $2.55 per share. The dividends are anticipated to maintain a growth rate of 6.00 percent, forever.
The next dividend payment by Wyatt, Inc., will be $2.55 per share. The dividends are anticipated to maintain a growth rate of 6.00 percent, forever.
Required: If the stock currently sells for $48.70 per share, what is the required return?
(Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Required return ....................%
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
