Question

ellng at 2400 re cently paid divi dendr of 1.92 Company Common stock is ceeably 21) Green share The compeny Per share and po
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Expected rate of return=(D1/Current price)+Growth rate

=[(1.92*1.04)/24]+0.04

which is equal to

=12.32%

Add a comment
Know the answer?
Add Answer to:
ellng at 2400 re cently paid divi dendr of 1.92 Company' Common stock is ceeably 21)...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT