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Home Products common stock sells for $36.84 a share and has a market rate of return of 15.8 percent. The company just paid an annual
Home Products common stock sells for $36.84 a share and has a market rate of return of 15.8 percent. The company just paid an annual dividend of $1.61 per share. What is the dividend growth rate? A) 11.43 percent B) 11.06 percent C) 10.87 percent D) 11.18 percent E) 10.95 percent Crystal Glass recently paid $3.60 as an annual dividend. Future dividends are projected at $3.80, $4.10, and $4.25 over the next three years, respectively. Beginning four years from now, the dividend is expected to increase by 3.25 percent annually. What is one share of this stock worth today at a discount rate of 12.5 percent? A) $42.92 B) $43.40 C) $45.12 D) $45.88 E) $46.50
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