Change, Inc., is expected to maintain a constant 4.2 percent growth rate in its dividends, indefinitely....

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Question

Change, Inc., is expected to maintain a constant 4.2 percent growth rate in its dividends, indefinitely. The company has a di

Answer 1

Answer #1

D1/PO Dividend Yield 0.06 (D1/PO)+g Required return = 0.06+0.042 0.102 10.20%

Answer 2

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