Raffalovich inc is expected to maintain a constant 56, Ask an Expert

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Raffalovich, Inc., is expected to maintain a constant 5.6 percent growth rate in its dividends, indefinitely.

Required:

If the company has a dividend yield of 4.1 percent, what is the required return on the company’s stock? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16))

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91270022

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