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You own stock in Wet Rides Inc. The annual risk-free rate of interest is .0327. The annual expected return on the market is .1027. The
You own stock in Wet Rides Inc. The annual risk-free rate of interest is .0327. The annual expected return on the market is .1027. The beta for Wet Rides stock is 1.7. You expect dividends to grow at a rate of 3.58% on an annual basis. Please round returns and growth rates to four places.
what is the:
-the annual required return of stock?
-the qtr required return on stock?
-the qtr growth rate in dividend?
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