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Zelle believes that the stock of TyrikeFoods is overvalued at $41.70 per share. She estimates the stock was a required return of 14.2% and projects
Zelle believes that the stock of TyrikeFoods is overvalued at $41.70 per share. She estimates the stock was a required return of 14.2% and projects that next year's dividend will be $2.55 per share. Given that Zelle is correct about her calculations and opinion of TyrikeFoods' valuation, what must be true about Zelle's estimate for the constant growth rate of dividends? Zelle believes 8 58.0849% Zelle believes g -8.0849% Zelle believes g> 8.0849%
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