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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
RITO stock is currently selling for $ 31.12 a share. If the company is expected to pay a dividend of $ 2.47 a year from now and dividends are expected to grow at 11.5 % thereafter, what is ks (or, required rate of return) for a share of RITO stock? Show your answer to the nearest .1%. Do not use the % sign in your answer. For example, if the answer is 9.2% enter your answer as 9.2 rather than .092 or 9.2%.
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