116AB=67EChapter 7Question 12Input area:CDEFG8910111213141516171819Dividend paidDividend growth rateRequired returnRequired returnOutput area:Price at required of 12 percentPrice at required of 8 percent$69All else constant, a higher required return meansthat the stock will sell for a lower price.202122232425262707.107.2Ready Accessibility: Investigate2.644.5%12%8%Q7.3Q7_4Q7_5Q7_8Q7 10Q7_12+

Name: 116AB=67EChapter 7Question 12Input area:CDEFG8910111213141516171819Di
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Description: 116AB=67EChapter 7Question 12Input area:CDEFG8910111213141516171819Dividend paidDividend growth rateRequired returnRequired returnOutput area:Price at required of 12 percentPrice at required of 8 percent$69All else constant, a higher required return

Current Dividend = d0 = $2.64Growth Rate = g = 4.5%

Answered: Input area: Dividend paid Dividend…

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Input area: Dividend paid Dividend growth rate 2.64 4.5% Required return 12% Required return Output area: Price at required of 12 percent Price at required of 8 percent 8%

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter8: Analysis Of Risk And Return

Section: Chapter Questions

Problem 26P

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