TSC, Inc. sells for $23 and pays an annual per share dividend of $2.50, which you expect to grow at 6 percent. What is your expected return on this stock? Round your answer to the two decimal places. % What would be the expected return if the price were $37 a share? Round your answer to the two decimal places. %
TSC, Inc. sells for $23 and pays an annual per share dividend of $2.50, which you expect to grow at 6 percent. What is your expected return on this stock? Round your answer to the two decimal places. % What would be the expected return if the price were $37 a share? Round your answer to the two decimal places. %
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 12P
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TSC, Inc. sells for $23 and pays an annual per share dividend of $2.50, which you expect to grow at 6 percent. What is your expected return on this stock? Round your answer to the two decimal places.
%
What would be the expected return if the price were $37 a share? Round your answer to the two decimal places.
%
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