Multiple Choice
Universal Forest's current stock price is $154.00 and it is likely to pay a $5.23 dividend next year. Since analysts estimate Universal Forest will have a 13.0% growth rate, what is its required return?
A) 16.40%
B) 15.28%
C) 13.62%
D) 14.71%
Correct Answer:
Verified
Correct Answer:
Verified
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