Multiple Choice
T&P common stock sells for $23.43 a share at a market rate of return of 11.65 percent.The company just paid its annual dividend of $1.20.What is the dividend growth rate?
A) 5.87 percent
B) 6.43 percent
C) 5.91 percent
D) 6.07 percent
E) 6.21 percent
Correct Answer:
Verified
Correct Answer:
Verified
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