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zmey [24]
3 years ago
11

The current price of xyz stock is $50.00. dividends are expected to grow at 7% indefinitely and the most recent dividend was $1.

what is the required rate of return on xyz stock? 9.3% 10.6% 9.0% 11.2% 9.1%
Business
1 answer:
muminat3 years ago
5 0
1/50+7 = 9.0 so the answer is 9.0
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