7. MMM Company recently paid a $3.60 annual dividend on its common stock. This dividend increases at an average rate of 3.5% per year. The stock is currently selling for $62.10 per share. What is the market rate of return? 2.5% 3.5% 5.5% 6.00% 9.5% 93% a. b. d. e. f. 8. The common stock of GGG Inc. had an 11.25% rate of return last year. The dividend amount was $.70 a share which equated to a dividend yield of 1.5%. what was the rate of price appreciation on the stock? a. b. c. d. e. f. 1.50% 8.00% 9.75% 11.25% 12.75% 19.55% 9. The common stock of EEE Inc. pays an annual dividend that is expected to increase by 10% annually. The stock commands a market rate of return of 12% and sells for $60.50 per share. What is the expected amount of the next dividend to be paid on EEE's stock? a. $.90 b. $1.00 c. $1.10 d. $1.21 e. $1.23 f. $1.33