Multiple Choice
A company has stock which costs $42.00 per share and pays a dividend of $2.50 per share this year.The company's cost of equity is 8%.What is the expected annual growth rate of the company's dividends?
A) 2%
B) 4%
C) 8%
D) 11%
E) 5%
Correct Answer:
Verified
Correct Answer:
Verified
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