Submitted by zliverpool on Sat, 2011-12-03 22:15
due date not specified
answered 1 time(s)
one anonymous student showed interest
Bates Inc. pays a dividend of $1 and is currently selling for $32.50. If investors require a 12 % return on their investment from buying Bates stock, what growth rate would Bates Inc. have to provide the investors?
Submitted by Asma on Tue, 2011-12-06 08:47
purchased one time