Question
BetR Bilt Bikes just announced that their annual dividend for this coming year will be $2.4 a share and that all future dividends are expected
BetR Bilt Bikes just announced that their annual dividend for this coming year will be $2.4 a share and that all future dividends are expected to increase by 1 percent annually. What is the rate of return if this stock is currently selling for $28 a share?
a.
8.8 percent
b.
10.6 percent
c.
7.6 percent
d.
9.6 percent
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Personal Finance And Investments
Authors: Keith Redhead
1st Edition
0415428629, 978-0415428620
