Determine g by rearranging the conventional ddm formula

Reference no: EM13282730

Determine g by Rearranging the Conventional DDM Formula. Johnson Corporation's stock is currently selling at $45.83 per share. The last dividend paid was D0 = $2.50. Johnson is a constant growth firm. If investors expect a return of 16 percent on Johnson's stock, what do they think Johnson's growth rate will be?

Reference no: EM13282730

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