question archive Universal Forest's current stock price is $154

Universal Forest's current stock price is $154

Subject:FinancePrice:2.87 Bought7

Universal Forest's current stock price is $154.00 and it is likely to pay a $5.23 dividend next year. Since analysts estimate Universal Forest will have a 13.0 percent growth rate, what is its required return?

14.71 percent
15.28 percent
13.62 percent
16.40 percent

 

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