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Bet'R Bilt Bikes just announced that its annual dividend for this coming year will be $2.42 a share and that all future dividends are expected

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Bet'R Bilt Bikes just announced that its annual dividend for this coming year will be $2.42 a share and that all future dividends are expected to increase by 2.5% annually. What is the market rate of return if this stock is currently selling for $22 a share? 9.5% 11.0% 12.5% 13.5% 15.0% Question 38 (1 point) Shares of the Katydid Co. common stock are currently selling for $27.73. The last dividend paid was $1.60 per share. The market rate of return is 10%. At what rate is the dividend growing? 2.50% 4.00% 5.98% 13.05% 14.91%

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