Multiple Choice
How much are you willing to pay for one share of LBM stock if the company just paid an annual dividend of $2.24, the dividends increase by 2.3 percent annually, and you require a return of 14.8 percent?
A) $19.29
B) $19.33
C) $18.33
D) $18.21
E) $17.59
Correct Answer:
Verified
Correct Answer:
Verified
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