Question
Xytex Products just paid a dividend of $2.12 per share, and the stock currently sells for $32. If the discount rate is 12 percent, what
| Xytex Products just paid a dividend of $2.12 per share, and the stock currently sells for $32. If the discount rate is 12 percent, what is the dividend growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) |
| Growth rate | % |
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The Smart Investors Survival Guide
Authors: Charles Carlson
1st Edition
0385503873, 978-0385503877
