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?
Be sure to follow the instructions about the sign that you should enter with your numerical answer. There is no partial credit - you must get both variances correct in order to get the full 10 points.
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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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