The current dividend yield on cjrsquos common stock is 189


The current dividend yield on CJ’s common stock is 1.89 percent. The company just paid a $1.23 annual dividend and announced plans to pay $1.27 next year. The dividend growth rate is expected to remain constant at the current level. What is the required rate of return on this stock?

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Financial Management: The current dividend yield on cjrsquos common stock is 189
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