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Problem:

Bruer, Inc., is expected to maintain a constant 6.15 percent growth rate in its dividends, indefinitely.

Required:

Question: If the company has a dividend yield of 4.65 percent, what is the required return on the company's stock?

Note: Show supporting computations in good form.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91172066

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