The next expected annual dividend for sun inc will be 120, Finance Basics

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The next expected annual dividend for sun inc will be 120

Deriving the Required Rate of Return:

The next expected annual dividend for Sun, Inc., will be $1.20 per share, and analysts expect the dividend to grow at an annual rate of 7 percent indefinitely. If Sun stock currently sells for $22 per share, what is the required rate of return?

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Finance Basics: The next expected annual dividend for sun inc will be 120

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