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Shares of Hot Donuts Common Stock Are Currently Selling for $32.35.The

Question 26

Multiple Choice

Shares of Hot Donuts common stock are currently selling for $32.35.The last annual dividend paid was $1.25 per share and the market rate of return is 10.7 percent.At what rate is the dividend growing?


A) 6.58 percent
B) 8.67 percent
C) 10.42 percent
D) 12.60 percent
E) 14.10 percent

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