111k views
1 vote
The next dividend payment by swenson, inc., will be $1.80 per share. the dividends are anticipated to maintain a 5.5 percent growth rate, forever. if the stock currently sells for $48.50 per share, what is the required return?

User Mjuopperi
by
7.2k points

2 Answers

2 votes
9.21 percent i have a nice day/night

User StaticVoidMan
by
8.3k points
3 votes
the required return is 9.21 percent
hope it helped and good luck
User Corbacho
by
8.1k points