Spencers supplies stock is currently selling for $60 a share. Tje firm is expected to $5.40 per share this year and to pay a year end dividend of $3.60. If investors require a 9% return, what rate of growth must be expected for Spencer?

Spencers supplies stock is currently selling for $60 a share. Tje firm is expected to $5.40 per share this year and to pay a year end dividend of $3.60. If investors require a 9% return, what rate of growth must be expected for Spencer?








Leave a Reply