Multiple Choice
AB Co. stock pays a constant annual dividend, sells for $56.07 a share, and has a market rate of return of 12.2 percent. What is the amount of the next annual dividend?
A) $5.67
B) $5.94
C) $6.21
D) $6.84
E) $7.30
Correct Answer:
Verified
Correct Answer:
Verified
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