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The stock price of Jenkins Co. is $59. Investors require a 11.75 percent rate of return on similar stocks. Required: If the company plans to
The stock price of Jenkins Co. is $59. Investors require a 11.75 percent rate of return on similar stocks. |
Required: |
If the company plans to pay a dividend of $3.45 next year, what growth rate is expected for the companys stock price? |
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