Bates inc pays a dividend of 1 and is currently selling


Bates Inc. pays a dividend of $1 and is currently selling for $32.50. If investors required a 12 percent return on their investment from buying Bates stock, what growth rate would Bates Inc. have to provide the investors?

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Accounting Basics: Bates inc pays a dividend of 1 and is currently selling
Reference No:- TGS0779499

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