What is the return shareholders are expecting
Discuss the below:
Q: Paychex Inc. (PAYX) recently paid an $0.84 dividend. The dividend is expected to grow at a 10 percent rate. The current stock price is $49.71. What is the return shareholders are expecting?
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Paychex Inc. (PAYX) recently paid an $0.84 dividend. The dividend is expected to grow at a 10 percent rate. The current stock price is $49.71
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