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Nu Tek's Next Annual Dividend Will Be $4

Question 39

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:

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