This preview shows page 1. Sign up to view the full content.
Unformatted text preview: percent, what is the required return on the company's stock? Dividend yield = D1/ Po = 3.6% Po = D1 / K-G Hence k - g = D1/ Po k = 3.6% + 6.5% = 10.1% Capital Budgeting...
View Full Document
This note was uploaded on 04/23/2010 for the course BUS Business 1 taught by Professor B.mishra during the Spring '10 term at UC Riverside.
- Spring '10