Question
1.The common stock of Kangaroo Tours is selling for $24 a share and has a 12 percent rate of return. One-third of the return on
1.The common stock of Kangaroo Tours is selling for $24 a share and has a 12 percent rate of return. One-third of the return on this stock is derived from dividends and the other two-thirds is derived from capital gains. What is the amount of the next dividend?
A.$.67
B.$.72
C.$.78
D.$.84
E.$.96
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International Finance Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
10th edition
978-0133425895, 133425894, 978-0133423631, 133423638, 978-0133423648
