Solved: Xyz company paid a dividend of 437 in the past 12 months, Finance Basics

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Xyz company paid a dividend of 437 in the past 12 months

XYZ company paid a dividend of $4.37 in the past 12 months, and it has a growth rate of 6.5 percent. The stock currently sells for $175. Calculate the required rate of return. Do not use a financial calculator or an online calculator. You must show your work.

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Finance Basics: Xyz company paid a dividend of 437 in the past 12 months

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Finance Basics: Xyz company paid a dividend of 437 in the past 12 months

Reference No:- TGS01606158

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