Find last dividend if dividend grow at constant rate
Goode Inc.'s stock has a required rate of return of 11.50%, and it sells for $18.00 per share. Goode's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, D?
a. $0.77b. $0.62c. $0.92d. $0.76e. $0.57
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The previous retained earning were $780 million. How much in dividends was paid to shareholders during the year?
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Please write what are those impacts on the MA economy. Are those positive impacts or negative for Liberty Mutual and Ma economy?
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