An investor in the 33 percent tax bracket has to decide between a corporate bond yielding 10.5 percent and a munic offering a 6.95 percent return. What investment offers her the highest rcturn? Following BMcW Inc.'s current annual dividend of $3 per share, management just announced that future dividends will incre Ch VII R20: by two percent annually. If the firm keeps this growth ratc of dividends, what is the amount of the expected dividend in seven years? Onc year ago, an investor purchased 100 shares of a little known stock. Continuing its sell-imposed trend of increasing dividends y three percent evcry year, the stock just paid a SI dividend. If today she sold her shares for $2,120, what was her percentage return on this nvestment, or the firm's implicit cost of common equity