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For the past six years, the stock price of Sippory Rock Mining has been increasing at a rate of 8.4 percent per year. Currently, the
For the past six years, the stock price of Sippory Rock Mining has been increasing at a rate of 8.4 percent per year. Currently, the stock is selling for 583 per and has a required return of 10.1%. What is the dividend yield?
a.1.7%
b. 3.6%
c. 8.4%
d. 5.2%
e. 9.2%
it is selling for $83 pet share, not 583
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