sandmmking1001 sandmmking1001

25-04-2024
Business

Answered

Pierceson Co. will pay a dividend of $4.85 per share one year from today. You predict that the dividend will grow at 2.55% per year forever. Currently the price of one share is $44.35. The book value of one share is $37.70. What is the expected rate of return per share?

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