Multiple Choice
Goode Inc.'s stock has a required rate of return of 11.50%,and it sells for $29.00 per share.Goode's dividend is expected to grow at a constant rate of 7.00%.What was the last dividend,D0?
A) $0.95
B) $1.38
C) $1.37
D) $1.22
E) $1.06
Correct Answer:
Verified
Correct Answer:
Verified
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