Business, 14.04.2020 21:38, viktoria1198zz

Jackson Corp. common stock paid $2.50 in dividends last year. Dividends are expected to grow at a 12-percent annual rate forever. If Jackson's current market price is $40.00, what is the stock's expected rate of return (round to nearest .01%)?

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Jackson Corp. common stock paid $2.50 in dividends last year. Dividends are expected to grow at a 12...