Question
This year, a firm paid an annual dividend of $2.50 per share. The current share price is $34. If dividends are forecast to increase at
This year, a firm paid an annual dividend of $2.50 per share. The current share price is $34. If dividends are forecast to increase at a constant 2% annual rate indefinitely, then what is the required return on equity?
| a. | 9.50% | |
| b. | 9.35% | |
| c. | 2.075% | |
| d. | 7.52% |
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States And The Reemergence Of Global Finance
Authors: Eric Helleiner
1st Edition
0801428599, 978-0801428593
