XYZ common stock is expected to pay a dividend of $2.23 next year, and that dividend grows
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XYZ common stock is expected to pay a dividend of $2.23 next year, and that dividend grows at a constant rate of 11.2. If the current price of XYZ common stock is $88.36, then what is the expected rate of return for this stock, based on the Discounted Cash Flow model? (Show your answer in DECIMAL FORM to three decimals, e.g., 12.3% would be entered as 0.123).
Related Book For
Fundamentals Of Financial Management
ISBN: 9781337902571
Concise 10th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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