Multiple Choice
A firm's recent dividend was $4.00 per share. The stock is selling in the market place for $55.00 per share. If investors are demanding 12% on this stock, what is this stock's growth rate?
A) 4.73%
B) 4.41%
C) 5.91%
D) 6.14%
Correct Answer:
Verified
Correct Answer:
Verified
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