Multiple Choice
How much are you willing to pay for one share of equity if the company just paid an €.80 annual dividend, the dividends increase by 4% annually and you require an 8% rate of return?
A) €19.23
B) €20.00
C) €20.40
D) €20.80
E) €21.63
Correct Answer:
Verified
Correct Answer:
Verified
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