Multiple Choice
Deltona stock sold for $38.60 a share one year ago and pays an annual dividend of $1.55.What does the stock price need to be today for the annual capital gain to be 7.5 percent?
A) $39.95
B) $40.08
C) $41.50
D) $41.63
E) $43.18
Correct Answer:
Verified
Correct Answer:
Verified
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