A stock currently trading at 50 expects to pay a 450


A stock, currently trading at $50, expects to pay a $4.50 dividend this year. The dividends and stock price has been growing at 8% for 10 years. What is the expected return on the stock this year?

a. 17%

b. 18%

c. 19%

d. below the required market rate of return

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A stock currently trading at 50 expects to pay a 450
Reference No:- TGS01036883

Expected delivery within 24 Hours