Multiple Choice
Winslow Brothers common stock sells for $36.60 a share and pays an annual dividend that increases by 1.8 percent annually.The market rate of return on this stock is 14.7 percent.What is the amount of the last dividend paid?
A) $5.29
B) $4.64
C) $4.84
D) $4.56
E) $5.37
Correct Answer:
Verified
Correct Answer:
Verified
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