year during the next three years,

20%

over the following year, and then

6%

per this stock is

1

\ 19. Negative Growth (LO1) Foxtrap Inc. is a mature manufacturing firm. Ih. If you require a

10%

return on this stock, what will management expects to reduce the payout by

4%

per year in vou pay for a share today

year during the next three years, 20% over the following year, and then 6% promect dividend for the coming year? this stock is 10%, and the stock currently sells for $76 per share. What 19. Negative Growth (LO1) Foxtrap Inc. is a mature manufacturing firm. If you require a 10% return on this stock, what will management expects to reduce the payout by 4% per year in vou pay for a share today