Multiple Choice
Ernst Electrical increases its annual dividend by 1.8 percent annually.The stock commands a market rate of return of 18 percent and sells for $19.07 a share.What is the expected amount of the next dividend?
A) $3.03
B) $3.07
C) $3.18
D) $3.21
E) $3.09
Correct Answer:
Verified
Correct Answer:
Verified
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