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

Accounting

Problem:

The next dividend payment by Blue Cheese, Inc., will be $1.64 per share. The dividends are anticipated to maintain a growth rate of 8 percent forever. The stock currently sells for $31 per share.

Required:

Question: What is the expected capital gains yield?

Note: Provide support for rationale.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91166690

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