Tangshan chinas stock is currently selling for 16000 per, Ask an Expert

Finance

Tangshan China's stock is currently selling for $160.00 per share and the firm's dividends are expected to grow at 5 percent indefinitely. Assuming Tangshan? China's most recent dividend was $5.50, what is the required rate of return on Tangshan's stock?

A. 10.6%

B. 8.4%

C. 7.3%

D. 9.5%

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92083594

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