Abercrombie amp fitchs common stock pays a dividend of 070, Ask an Expert

Finance

Abercrombie & Fitch's common stock pays a dividend of $0.70. It is currently selling for $34.14. If the firm's investors require a return of 10 percent on their investment from buying Abercrombie & Fitch stock, what growth would Abercrombie & Fitch have to provide the investors?

The growth rate Abercrombie & Fitch would have to provide the investors is ____%. (Round to two decimals places.)

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Financial Management, Finance

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