What is the required rate of return on a stock with a $1.5 expected dividend and a $19 price with 7% growth?
Added by Rhonda M.
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Dividend yield is calculated by dividing the expected dividend by the stock price. Dividend Yield = Expected Dividend / Stock Price Dividend Yield = $1.5 / $19 = 0.0789 or 7.89% Show more…
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