Raul is a saver. He sets aside $200 per month during his career of 40 years to prepare for a comfortable retirement. He does not
1 answer:
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Answer:
Required return will be equal to 9.30%
Explanation:
We have given current dividend of the year = $2.00 per year
Current price = $21.50
We have to find the market required return
Required return is equal to ratio of current dividend and current price
Required return
= 9.30 %
So required return will be equal to 9.30 %