Multiple Choice
A stock pays a constant annual dividend and sells for $56.10 a share.If the market rate of return on this stock is 12.5 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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