FIN 5130 – The common stock of ABC Industries is valued at $43.06 | Online Assignment Help: +1 (857)-330-4622

FIN 5130 – The common stock of ABC Industries is valued at $43.06

FIN 5130 – The common stock of ABC Industries is valued at $43.06 The common stock of ABC Industries is valued at $43.06 a share. The company increases their dividend by 6.6 percent annually and expects their next dividend to be $6.4. What is the required rate of return on this stock?Note: Enter your answer in percentages rounded off to two decimal points.