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Business, 20.07.2019 06:00 joheste2831

Mccracken roofing, inc., common stock paid a dividend of $1.161.16 per share last year. the company expects earnings and dividends to grow at a rate of 66% per year for the foreseeable future. a. what required rate of return for this stock would result in a price per share of $2222? b. if mccracken expects both earnings and dividends to grow at an annual rate of 1111%, what required rate of return would result in a price per share of $2222?

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Mccracken roofing, inc., common stock paid a dividend of $1.161.16 per share last year. the company...
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