Multiple Choice
The price of a share of stock today is $25.00. If the return on the share is estimated at 18% and the stock generally pays a dividend of $1 per year, what is its projected selling price in one year?
A) $22.30
B) $30.00
C) $28.50
D) $29.50
Correct Answer:
Verified
Correct Answer:
Verified
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