Multiple Choice
Llano's stock is currently selling for $51. The expected dividend one year from now is $1.50 and the required return is 10%. What is this firm's dividend growth rate assuming the constant dividend growth model is appropriate?
A) 7%
B) 8%
C) 9%
D) 10%
E) 11%
Correct Answer:
Verified
Correct Answer:
Verified
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