how do you break down this problem

timer Asked: Oct 8th, 2015
account_balance_wallet $5

Question description

congrough, INC has increased its annul common divided by 10% in each of the years that the company has existed.if you believe that the company can continue to do so indefinitely then what is the required rate of return if the price congrough is $100 and the dividend that it just paid was $5?

Tutor Answer

New York University

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Thanks, good work

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