The Fleming Corporation paid a dividend of $0.55 last year. Over the next 12 months, the dividend is expected to grow at 10 percent, which is the constant growth rate for the firm. The new dividend after 12 months will represent Df The required rate of return is 15 percent Compute the price of a common share. (Round the final answer to 2 decimal places.) Common share price $ A firm pays a $2.10 dividend at the end of year one. It has a share price of $60 (Pe) and a constant growth rate (g) of 9 percent. a. Compute the required (expected) rate of return (Ke) (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Required rate of return
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