Question
Future Motors is expected to pay an annual dividend next year of $3.50 a share. Dividends are expected to increase by 1.25 percent annually. What
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Future Motors is expected to pay an annual dividend next year of $3.50 a share. Dividends are expected to increase by 1.25 percent annually. What is one share of this stock worth at a required rate of return of 12 percent?
A. $32.56
B. $43.38
C. $24.56
D. $29.54
E. $38.03
Future Motors is expected to pay an annual dividend next year of $3.50 a share. Dividends are expected to increase by 1.25 percent annually. What is one share of this stock worth at a required rate of return of 12 percent?
| A. | $32.56 | |
| B. | $43.38 | |
| C. | $24.56 | |
| D. | $29.54 | |
| E. | $38.03
|
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
