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Business, 30.03.2020 18:00 lorelaistudent

The current yield on Google's common stock is 4.8%. The company just paid a $2.10 dividend. The rumor is that the dividend will be $2.205 next year. The dividend growth rate is expected to remain constant at the current level. What is the required rate of return on Alpha's stock? Assume the stock is in equilibrium. Hint: Current yield = Do/Current Price. First, find Po, then find g, and then Rs.

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The current yield on Google's common stock is 4.8%. The company just paid a $2.10 dividend. The rumo...
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