Assignment:
A stock is trading at $80 per share. The stock is expected to have a year-end dividend of $4 per share (D1 = 4), which is expected to grow at some constant rate g throughout time. The stock’s required rate of return is 14 percent. If you are an analyst who believes in efficient markets, what is your forecast of g?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.