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Home Canning Products Common Stock Sells for $41

Question 110

Multiple Choice

Home Canning Products common stock sells for $41.00 a share and has a market rate of return of 12.8 percent.The company just paid an annual dividend of $1.15 per share.What is the dividend growth rate?


A) 8.29 percent
B) 8.45 percent
C) 9.23 percent
D) 9.67 percent
E) 9.72 percent

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