ABC is expected to pay a dividend of $4.8 per share at the end of the year. The stock sells for $193 per share, and its required rate of return is 13.8%. Thedividend is expected to grow at some constant rate, g, forever. What is thegrowth rate (i.e. solve for g)?
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here