Business, 09.09.2020 18:01, jessicamendozacelis2

Mammoth Mart's common shares are currently trading for $59.85 and the company paid its annual dividend of $0.60 per share. If your required rate of return is 12%, what is the implied growth rate in dividends? (Assuming that dividends are expected to grow at a constant rate in perpetuity.)

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Mammoth Mart's common shares are currently trading for $59.85 and the company paid its annual divide...