If you pay 55 for a share of common stock that has a
If you pay $55 for a share of common stock that has a constant growth rate of 6% and it is expected to pay a dividend of $1.25 what would be your return (hint: solve for kc and be careful about the dividend - it has already grown)?
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if you pay 55 for a share of common stock that has a constant growth rate of 6 and it is expected to pay a dividend of
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