Multiple Choice
A common stock pays an annual dividend of $3.40 and sells for $51.20 a share.What is the total expected rate of return if the dividend yield represents 40 percent of the total return?
A) 17.74%
B) 16.60%
C) 14.50%
D) 15.49%
E) 14.17%
Correct Answer:
Verified
Correct Answer:
Verified
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