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Trump corporation ix expected to pay a dividend of $3.00 next year (D1) and has a beta of 1.0. Dividends are expected to grow at
Trump corporation ix expected to pay a dividend of $3.00 next year (D1) and has a beta of 1.0. Dividends are expected to grow at 3 percent into the foreseeable future. The expected return on the market is 0.12 the risk-free rate is 0.02. What is the required return on Trump stock? Answer should be to 2 decimals--- Ex: 34 Be sure to round properly. ex. 336 rounds to .34 and 342 rounds to .34
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