Multiple Choice
Nu Tek's next annual dividend will be $4.26 a share and all later dividends are expected to increase by 4.4 percent annually.What is the rate of return if this stock is currently selling for $48.74 a share?
A) 10.76%
B) 11.98%
C) 13.14%
D) 13.67%
E) 12.87%
Correct Answer:
Verified
Correct Answer:
Verified
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