Suppose universal forestrsquos current stock price is 6500, Ask an Expert

Finance

Suppose Universal Forest’s current stock price is $65.00 and it is likely to pay a $0.42 dividend next year. Since analysts estimate Universal Forest will have a 13.0 percent growth rate, what is its required return? (Round your answer to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
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