Question
The next dividend payment by ZYX, Inc., will be $1.84 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever.
| The next dividend payment by ZYX, Inc., will be $1.84 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. If the stock currently sells for $36 per share, what is the required return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) |
| Required return | % |
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The First Time Homebuyers Handbook
Authors: Dean Thompson
1st Edition
1658856112, 978-1658856119
