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rayrayy91
22.11.2019 •
Mathematics
For the past six years, the price of slate rock stock has been increasing at a rate of 8.6 percent a year. currently, the stock is priced at $47 a share and has a required return of 14 percent. what is the dividend yield?
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Ответ:
The dividend yield is $1851.
Step-by-step explanation:
Since we have given that
Required return = 14% = 0.14
Growth rate = 8.6% = 0.086
Current price of stock = $47
So, we will use the formula below:
So, Dividend yield is given by
Hence, the dividend yield is $1851.
Ответ: