The last dividend per share on stock k was 125 the dividend


The last dividend per share on Stock K was $1.25. The dividend next year (Year 1) is expected to be 4% higher. Then the dividend is expected to continue to grow at the rate of 4% per year forever. If the stock is priced today at $16.25 per share, what required rate of return has the market placed on this stock?

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Financial Management: The last dividend per share on stock k was 125 the dividend
Reference No:- TGS01207129

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