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The common stock of Kyocera currently sells for $88.50 and its current

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solution


Question

The common stock of Kyocera currently sells for $88.50 and its current (D0) dividend is $1.10. Determine the implied growth rate for Kyocera assuming that an investor's required rate of return is 14% and that earnings and dividends are expected to grow at a constant rate.;a. 13.9%;b. 12.3%;c. 13.8%;d. 12.6%

 

Paper#28250 | Written in 18-Jul-2015

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