Multiple Choice
What rate of return is expected from a stock that sells for $30 per share, pays $1.50 annually in dividends, and is expected to sell for $33 per share in one year?
A) 5.00 percent
B) 10.00 percent
C) 14.09 percent
D) 15.00 percent
Correct Answer:
Verified
Correct Answer:
Verified
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