fianancial management

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Cox Wood Preserving, Inc. is expected to maintain a constant 2$ growth rates in its dividends, indefinitely. If the company just paid $2 dividend and the firm's stock is selling at $15. What is the required return on the company's stock?

  • fianancial management -

    Please clarify this phrase:

    "constant 2$ growth rates"

    Do you mean $2.00 or 2% or 20%?

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