Stock a paid 2 of dividend yesterday the dividend will


Stock A paid $2 of dividend yesterday. You bought the stock today morning for $12. Stock A does not pay dividend next year but 2 years from now it will pay a dividend 25% more than the last paid dividend. The dividend will remain constant and be paid forever. What is the required rate of return?

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Financial Management: Stock a paid 2 of dividend yesterday the dividend will
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