Description of this paper

Gontier Corporation stock currently sells for $64....

Description

Solution


Question

Gontier Corporation stock currently sells for $64.13 per share. The market requires an 11 percent return on the firm's stock. If the company maintains a constant 5.5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Please see attached. #18 only.

 

Paper#11780 | Written in 18-Jul-2015

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