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A Company's Current Stock Price Is $22

Question 47

Multiple Choice

A company's current stock price is $22.00 and its most recent dividend was $0.75 per share. Since analysts estimate the company will have a 12 percent growth rate, what is its expected return?


A) 3.00 percent
B) 3.48 percent
C) 12.00 percent
D) 15.82 percent

Correct Answer:

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