Shares of common stock of Samson Inc. offer an expected total return of 15.5%. The dividend is increasing at a constant rate of 6.2% per year. The dividend yield must be:

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
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Problem 12P
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Please give me true answer this financial accounting question

Shares of common stock of Samson Inc. offer an expected
total return of 15.5%. The dividend is increasing at a
constant rate of 6.2% per year. The dividend yield must be:
Transcribed Image Text:Shares of common stock of Samson Inc. offer an expected total return of 15.5%. The dividend is increasing at a constant rate of 6.2% per year. The dividend yield must be:
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