EFN N406 – XYZ Corporation has just paid a dividend | Online Assignment Help: +1 (857)-330-4622

EFN N406 – XYZ Corporation has just paid a dividend

EFN N406 – XYZ Corporation has just paid a dividend XYZ Corporation has just paid a dividend of 50 cents per share. The current market price of the share is $15 and shareholders require a return of 10 % pa. What is the annual growth rate (g) of the dividends? Answer as a percentage accurate to two decimal places.Do not enter the % sign.