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The current price of Viva Titan Ltd shares is $75. Dividends are expected to grow at...

The current price of Viva Titan Ltd shares is $75. Dividends are expected to grow at 5% indefinitely and the most recent dividend was $1. What is the required rate of return on Viva Titan’s shares?

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Answer #1

So, the required rate of return is 6.4%

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