Multiple Choice
Ashbury Inc.is expected to pay an annual dividend of $1.50 per share in the coming year,and to trade for $36.25 at the end of the year.If investments with the same risk as Ashbury's stock have an expected return of 8.75%,what is Ashbury's capital gain rate?
A) 4.7%
B) 4.1%
C) 4.3%
D) 4.4%
E) 4.2%
Correct Answer:
Verified
Correct Answer:
Verified
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