Multiple Choice
The ELL common stock pays an annual dividend of $2.23 a share and is committed to maintaining a constant dividend.How much are you willing to pay for one share of this stock if your required return is 16 percent?
A) $14.56
B) $14.67
C) $13.94
D) $13.88
E) $14.04
Correct Answer:
Verified
Correct Answer:
Verified
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