Multiple Choice
Blasco just paid an annual dividend of $1.63 a share.What is one share of this stock worth to you if the dividends increase by 3 percent annually and you require a rate of return of 14 percent?
A) $12.40
B) $11.99
C) $10.54
D) $15.26
E) $11.64
Correct Answer:
Verified
Correct Answer:
Verified
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