Business, 16.12.2019 19:31 JamesLachoneus
Franklin corporation is expected to pay a dividend of $1.25 per share at the end of the year (d1 = $1.25). the stock sells for $32.50 per share, and its required rate of return is 10.5%. the dividend is expected to grow at some constant rate, g, forever. what is the equilibrium expected growth rate? select one:
a. 6.01%
b. 6.17%
c. 6.33%
d. 6.49%
e. 6.65%
Answers: 1
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Franklin corporation is expected to pay a dividend of $1.25 per share at the end of the year (d1 = $...
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