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Lake Shore Vineyards recently paid a $4.20 annual dividend on their common stock. This dividend increases at an average rate of 4.2% per year. The

Lake Shore Vineyards recently paid a $4.20 annual dividend on their common stock. This dividend increases at an average rate of 4.2% per year. The stock is currently selling for $80.65 a share. What is the market rate of return?

Multiple Choice

  • 5.21%

  • 5.43%

  • 5.67%

  • 9.41%

  • 9.63%

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