Expected rate of return=(D1/Current price)+Growth rate
=[(1.92*1.04)/24]+0.04
which is equal to
=12.32%
ellng at 2400 re cently paid divi dendr of 1.92 Company' Common stock is ceeably 21)...
21) Green Company's common stock is currently selling at $24.00 per share. The company recently paid dividends of $1.92 per share and projects growth at a rate of 4%. At this rate what is the stock's expected rate of return? A indit ant att
21) Green Company's common stock is currently selling at $24.00 per share. The company recently paid dividends of $1.92 per share and projects growth at a rate of 4%. At this rate what is the stock's expected rate of return? A indit ant att
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