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Suppose you know a company's stock currently sells for $70 per share and the required return on the stock is 14 percent.
Posted: Sun Jun 05, 2022 7:35 am
by answerhappygod
- Suppose You Know A Company S Stock Currently Sells For 70 Per Share And The Required Return On The Stock Is 14 Percent 1 (35.93 KiB) Viewed 47 times
Suppose you know a
company's stock currently sells for $70 per share and the required return on the stock is 14 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it's the
company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? Multiple Choice $9.16 $4.35 $4.58 $4.90 $4.97