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 percent on this stock, what is this stock's growth rate?
A) 4.73 percent
B) 4.41 percent
C) 5.91 percent
D) 6.14 percent
Correct Answer:
Verified
Correct Answer:
Verified
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