Problemthe next dividend payment by blue cheese inc will be, Ask an Expert

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Problem:

The next dividend payment by Blue Cheese, Inc., will be $1.60 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever.

Required:

Question: If the stock currently sells for $30 per share, what is the required return?

Note: Please show how to work it out.

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Category:- Basic Finance
Reference No.:- M91162143

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