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Hephaestus Holdings has just paid its annual dividend of $4.89 per share to its shareholders. Each share of Hephaestus Holdings has a market price today
Hephaestus Holdings has just paid its annual dividend of $4.89 per share to its shareholders. Each share of Hephaestus Holdings has a market price today of $42.49 each. Assuming those investors require a return of 5.5% per annum, which of the following is closest to the rate by which investors are expecting the annual dividends of Hephaestus Holdings to shrink by each year? a. 5.75% O b. 6.79% O c. 5.54% X d. 4.96% e. 6.30% f. 5.15% g. 5.39% O h. 6.01%
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