Question
The stock of Le Blanc, Inc. currently sells for $80 per share. Total return on the stock is evenly divided between capital gain yield and
The stock of Le Blanc, Inc. currently sells for $80 per share. Total return on the stock is evenly divided between capital gain yield and dividend yield. The firm will maintain a constant dividend growth rate. What is the current dividend per share if the required return on stock is 12%?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
10th Edition
1439898189, 978-1439898185
