What is the required rate of return on this stock according


You read that the company just paid $6.64 dividend per share and has a growth rate of 12%. You also read its share price is $140.76. You believe the constant growth dividend model applies perfectly to this properly valued stock. What is the required rate of return on this stock according to the model?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the required rate of return on this stock according
Reference No:- TGS02338346

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)