Multiple Choice
Expected Return American Eagle Outfitters (AEO) recently paid a $0.38 dividend. The dividend is expected to grow at a 15.5 percent rate. At the current stock price of $24.07, what is the return shareholders are expecting?
A) 15.50%
B) 15.52%
C) 17.08%
D) 17.32%
Correct Answer:

Verified
Correct Answer:
Verified
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