Cox Wood Preserving, Inc. is expected to maintain a constant 2$ growth rates in its dividends, indefinitely. If the company just paid $2 dividend and the firm's stock is selling at $15. What is the required return on the company's stock?

Answers

Answered by Ms. Sue
Please clarify this phrase:

"constant 2$ growth rates"

Do you mean $2.00 or 2% or 20%?
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