Question
Three Corners Markets paid an annual dividend of $4 a share last month. Today, the company announced that future dividends will remain constant (won't increase).
Three Corners Markets paid an annual dividend of $4 a share last month. Today, the company announced that future dividends will remain constant (won't increase).
A-If you require a return of 12.0 percent, how much are you willing to pay to purchase one share of this stock today? (round your answer to two decimal places)
Answer (A): 33.33
B-What is the Capital gain yield?
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
