The next dividend payment by dizzle inc will be 300 per, Ask an Expert

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The next dividend payment by Dizzle, Inc., will be $3.00 per share. The dividends are anticipated to maintain a growth rate of 4.25 percent, forever.

If the stock currently sells for $49.60 per share, what is the required return? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Required return %

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92714602

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