Problem

Dividend Discount Model. According to the 2012 Value Line Investment Survey, the div...

Dividend Discount Model. According to the 2012 Value Line Investment Survey, the dividend growth rate for ExxonMobil (XOM) is 7 percent. Find the current stock price quote and dividend information at finance.yahoo.com. If this dividend growth rate is correct, what is the required return for ExxonMobil? Does this number make sense to you?

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