Question
Tremendous Treats is currently trading at $59 and has a 12% required rate of return. Analysts expect $1.41 earnings per share next fiscal year. If
Tremendous Treats is currently trading at $59 and has a 12% required rate of return. Analysts expect $1.41 earnings per share next fiscal year. If Tremendous Treats has a growth rate of 8%, what is the implied dividend next year?
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
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