The common stock of abc industries is valued at 7184 a


The common stock of ABC Industries is valued at $71.84 a share. The company increases their dividend by 4.9 percent annually and expects their next dividend to be $3.79. What is the required rate of return on this stock?

Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.

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Finance Basics: The common stock of abc industries is valued at 7184 a
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