Multiple Choice
Coca-Cola recently paid a $3.00 dividend. Investors expect a 12 percent return on this stock. What is the percentage change in price if Coca-Cola is expected to grow at 7 percent versus 8 percent?
A) 31.29 percent
B) 19.82 percent
C) 21.60 percent
D) 26.17 percent
Correct Answer:
Verified
Correct Answer:
Verified
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