Suppose universal forestrsquos current stock price is 7200


Suppose Universal Forest’s current stock price is $72.00 and it is likely to pay a $0.56 dividend next year. Since analysts estimate Universal Forest will have a 14.4 percent growth rate, what is its required return? (Round your answer to 2 decimal places.)

 Required return %

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Financial Management: Suppose universal forestrsquos current stock price is 7200
Reference No:- TGS01720313

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