Pixa stock is traded at RM6.72 each and the company had just paid a dividend of RM0.71, which has been constant 7% year on year. Calculate the rate of return. %

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter8: Basic Stock Valuation
Section: Chapter Questions
Problem 1P: Thress Industries just paid a dividend of 1.50 a share (i.e., D0 = 1.50). The dividend is expected...
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Pixa stock is traded at RM6.72 each and the company had just paid a dividend of RM0.71, which has been constant 7% year on year.
Calculate the rate of return.
Ti
%
Transcribed Image Text:11 Pixa stock is traded at RM6.72 each and the company had just paid a dividend of RM0.71, which has been constant 7% year on year. Calculate the rate of return. Ti %
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