driscollr2691 driscollr2691

24-07-2018
Business

contestada

The current price of xyz stock is $50.00. dividends are expected to grow at 7% indefinitely and the most recent dividend was $1. what is the required rate of return on xyz stock? 9.3% 10.6% 9.0% 11.2% 9.1%

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lifelearner27 lifelearner27

24-07-2018

1/50+7 = 9.0 so the answer is 9.0

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