Waterworks has a dividend yield of 8 percent

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Waterworks has a dividend yield of 8 percent. If its dividend is expected to grow at a constant rate of 5 percent, what must be the expected rate of return on the company's stock?

Reference no: EM132523541

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Waterworks has a dividend yield of 8 percent : If its dividend is expected to grow at a constant rate of 5 percent, what must be the expected rate of return on the company's stock?
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