DAGT Corporation stock is selling at BD300 in the stock market. If the company pays a dividend of BD10 after one year, what is the growth rate if the expected returned rate is 12%? a. 8.2% b. 8.7% c. 9.6% d. 9.2%
DAGT Corporation stock is selling at BD300 in the stock market. If the company pays a dividend of BD10 after one year, what is the growth rate if the expected returned rate is 12%? a. 8.2% b. 8.7% c. 9.6% d. 9.2%
Chapter17: Capital And Time
Section: Chapter Questions
Problem 17.7P
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Question
DAGT Corporation stock is selling at BD300 in the stock market. If the company pays a dividend of BD10 after one year, what is the growth rate if the expected returned rate is 12%?
a.
8.2%
b.
8.7%
c.
9.6%
d.
9.2%
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