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The next dividend payment at Zombie, Inc., will be $1.20 per share. The dividends are anticipated to maintain a 4.5% growth rate, forever. If Zombie stock currently sells for $34.00 per share, what is the required return?

answer: 8.03%

how to get this with BAII PLUS financial calculator

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Jean Keeling
Jean KeelingLv2
29 Sep 2019

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