Business, 19.08.2021 20:50, jacob7758

JL Co. stock currently sells for $57 per share and the required return is 14.4 percent. The total return is evenly divided between the capital gains yield and the dividend yield. What is the current dividend per share if it's the company's policy to always maintain a constant growth rate in its dividends

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JL Co. stock currently sells for $57 per share and the required return is 14.4 percent. The total re...