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Can someone assist me with the following question? Thanks a lots A company is estimated to pay $2.20 dividend next year, which is 3.25% higher
Can someone assist me with the following question? Thanks a lots
A company is estimated to pay $2.20 dividend next year, which is 3.25% higher than the dividend paid over the prior year. After next year, the company's annual dividends is estimated to increase at a constant rate of 2.5%.
The company's current stock is valued at $15.80 in the market. Calculate the estimated rate of return on the company's stock
14.27%
16.42%
17.17%
16.77%
23.66%
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