An analyst gathers the following information about a company and its common stock:
Forward P/E: 8
Required rate of return: 12%
Dividend growth rate: 4%
Using the Gordon growth model, the company's dividend payout ratio is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
An analyst gathers the following information about a company and its common stock:
Forward P/E: 8
Required rate of return: 12%
Dividend growth rate: 4%
Using the Gordon growth model, the company's dividend payout ratio is closest to: