Question
A stock pays annual dividend of $7 next year, which starts to grow in two years from today. The stocks price today is $70. If
A stock pays annual dividend of $7 next year, which starts to grow in two years from today. The stocks price today is $70. If the rate of return on the stock is 25%, what is the growth rate of the dividend? A. 10% B. 15%. C. 20% D. None of the above.A stock pays annual dividend of $7 next year, which starts to grow in two years from today. The stocks price today is $70. If the rate of return on the stock is 25%, what is the growth rate of the dividend? A. 10% B. 15%. C. 20% D. None of the above.A stock pays annual dividend of $7 next year, which starts to grow in two years from today. The stocks price today is $70. If the rate of return on the stock is 25%, what is the growth rate of the dividend? A. 10% B. 15%. C. 20% D. None of the above.A stock pays annual dividend of $7 next year, which starts to grow in two years from today. The stocks price today is $70. If the rate of return on the stock is 25%, what is the growth rate of the dividend? A. 10% B. 15%. C. 20% D. None of the above.v
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