Question

Current price of Stock P is $50.00. The expected dividend in next year is $1.85. Floatation cost on new stock is 3.50%. Growth rate is 6.00%. Compute the required rate of return on the stock.

a) 9.50%

b) 2.50%

c) 9.83%

d) 10.06%​

Answer 1

Answer:

c part please mark me as brainliest

Explanation:

9.83%